Defense Financial Improvement and Audit Readiness Plan : Department of Defense , December , 2005
Defense Financial Improvement and Audit Readiness Plan : Department of Defense , December , 2005
From the report: "Effective financial management depends on information that is accurate, reliable, and timely. The Financial Improvement and Audit Readiness (FIAR) Plan charts a course to sound financial management by improving internal controls, resolving material weaknesses, and advancing the Department’s fiscal stewardship. The FIAR Plan details an
integrated path for DoD financial improvement for the Military Services, or Components, and to confirm these improvements with favorable financial audits.
The challenges facing the Department of Defense fall into three broad categories: those that heavily depend on systems solutions; those that depend primarily on process solutions; and those that depend on both systems and process solutions.
For systems solutions, the FIAR Plan relies on the DoD Enterprise Transition Plan and Component Transition Plans which were developed to modernize existing systems and develop new systems. While systems solutions are being implemented, much can be done to resolve problems that primarily depend on process improvements."
Authors - Office of the Under Secretary of Defense, ComptrollerSubjects
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