Financial Management Dod Improvement Plan Needs Strategic Focus PDF Download

In October 1998, the Defense Department (DOD) submitted to Congress its biennial strategic plan to improve financial management in the military. Volume I of the plan includes three main sections: the concept of operations, the current environment, and the transition plan describing DOD's goals for achieving the target financial management environment and identifying the strategies and corrective actions needed to move through the transition. Volume II provides information on the specific financial management improvement initiatives intended to implement the transition plan. This report determines whether (1) the concept of operations included the critical elements necessary for producing sustainable financial management improvement over the long term and (2) the transition plan provided a strategic-level "road map" from the current environment to DOD's planned future financial management environment. GAO also discusses additional technical details needed to determine whether implementation of DOD's future financial management environment is practical, cost-effective, and feasible.