Financial management (1 - 10 of 66 items) in Custom Date Range
DOD's High Risk Areas: Actions Needed to Reduce Vulnerabilities and Improve Business Outcomes
GAO-09-460T: Published: Mar 12, 2009. Publicly Released: Mar 12, 2009.
The Department of Defense (DOD) spends billions of dollars to sustain key business operations intended to support the warfighter. In January, GAO released its 2009 high-risk series update report for the 111th Congress. This series emphasizes federal programs and operations that are at high risk because of vulnerabilities to fraud, waste, abuse, and mismanagement and has also evolved to draw attent...
Status of GAO Recommendations to the Department of Defense (Fiscal Years 2001-2007)
GAO-09-201R: Published: Dec 11, 2008. Publicly Released: Dec 11, 2008.
Section 402 of the Concurrent Resolution on the Budget for Fiscal Year 2009 required us to report to the appropriate congressional committees by the end of the 110th Congress regarding the Department of Defense's (DOD) progress in implementing GAO's recommendations over the last 7 years. During this period of time, we issued 637 reports to DOD or its components that included 2,726 recommendations...
Defense Business Transformation: Sustaining Progress Requires Continuity of Leadership and an Integrated Approach
GAO-08-462T: Published: Feb 7, 2008. Publicly Released: Feb 7, 2008.
The Department of Defense (DOD) has stewardship over an unprecedented amount of taxpayer money--with about $546 billion in discretionary budget authority provided thus far in fiscal year 2008, and total reported obligations of about $492 billion to support ongoing operations and activities related to the Global War on Terrorism from September 11, 2001, through September 2007. Meanwhile, DOD is sol...
Defense Business Transformation: A Full-time Chief Management Officer with a Term Appointment Is Needed at DOD to Maintain Continuity of Effort and Achieve Sustainable Success
GAO-08-132T: Published: Oct 16, 2007. Publicly Released: Oct 16, 2007.
The Department of Defense (DOD) continues to face significant challenges in resolving its many long-standing business challenges. DOD is solely responsible for eight high-risk areas and shares responsibility for another seven governmentwide areas on GAO's high-risk list. GAO designated DOD's approach to business transformation as high risk in 2005 because (1) DOD's improvement efforts were fragmen...
DOD Business Transformation: Lack of an Integrated Strategy Puts the Army's Asset Visibility System Investments at Risk
GAO-07-860: Published: Jul 27, 2007. Publicly Released: Jul 27, 2007.
The Department of Defense (DOD) established a goal to achieve total asset visibility (TAV) over 30 years ago, but to date it has been unsuccessful. GAO was requested to (1) determine whether the Army has a systems strategy for achieving TAV, (2) determine if the Army's business system investment governance structure is consistent with DOD guidance, and (3) evaluate the Army's effort to correct pre...
Defense Business Transformation: A Comprehensive Plan, Integrated Efforts, and Sustained Leadership Are Needed to Assure Success
GAO-07-229T: Published: Nov 16, 2006. Publicly Released: Nov 16, 2006.
Of the 26 areas on GAO's high-risk list of federal programs or activities that are at risk for waste, fraud, abuse, or mismanagement, 8 are Department of Defense (DOD) programs or operations and another 6 are governmentwide high-risk areas that also apply to DOD. These high-risk areas relate to most of DOD's major business operations. DOD's failure to effectively resolve these high-risk areas has...
Drug Control: Financial and Management Challenges Continue to Complicate Efforts to Reduce Illicit Drug Activities in Colombia
GAO-03-820T: Published: Jun 3, 2003. Publicly Released: Jun 3, 2003.
The United States has been providing assistance to Colombia since the early 1970s to help reduce illicit drugs. In 1999, the Colombian government introduced Plan Colombia--program that, among other things, proposed reducing illicit drug activities by 50 percent over 6 years. In fiscal years 2000-03 alone, the United States provided more than $2.5 billion in counternarcotics assistance. Despite thi...
DOD Inventory: Weaknesses in Controls Over Category I Rockets
AIMD-00-62R: Published: Apr 13, 2000. Publicly Released: Apr 13, 2000.
Pursuant to a legislative requirement, GAO reviewed the weaknesses in the Army's internal controls over the Blue Grass Army Depot's category I rockets.GAO noted that: (1) based on information about the causes of the discrepancies identified at the Blue Grass Army Depot, GAO identified the following internal controls weaknesses that resulted in a loss of accountability and control over the category...
Defense Programs: Opportunities to Reform Key Business Practices
NSIAD-97-99R: Published: Mar 5, 1997. Publicly Released: Mar 20, 1997.
Pursuant to a congressional request, GAO summarized information on the defense budget and Department of Defense (DOD) infrastructure, inventory management, financial management, and acquisition programs.GAO noted that: (1) it has reported on problems and made numerous suggestions for improvements and efficiencies in DOD's infrastructure, inventory management, financial management, and acquisition...