Financial Management: Seven DOD Initiatives That Affect the Contract Payment Process

AIMD-98-40 Published: Jan 30, 1998. Publicly Released: Jan 30, 1998.

Highlights

Pursuant to a congressional request, GAO reported on seven technological initiatives that the Department of Defense (DOD) identified as key elements of its efforts to improve the contract payment process, focusing on DOD's goal of adopting the best business practices of the private sector.

Full Report

Full Report (34 pages)

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Chuck Young

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(202) 512-4800

Topics

Auditing and Financial Management

Accounting proceduresContractor paymentsDepartment of Defense contractorsElectronic data interchangeElectronic formsFederal agency accounting systemsFederal agency reorganizationFinancial managementInternal controlsPrivate sector practices