DOD FINANCIAL MANAGEMENT: Continued Efforts Needed to Correct Material Weaknesses Identified in Financial Statement Audits.

UNITED States. Government Accountability Office; UNITED States. Dept. of Defense; FINANCIAL statements; AUDITING; UNITED States armed forces

The article present a report of the Government Accountability Office (GAO) regarding financial management issues and challenges faced by the Department of Defense (DOD). Topics discussed include actions taken by DOD and the military services to prioritize financial statement audit findings; components developed corrective action plans (CAPs) to address audit findings in accordance; ability to monitor and report on audit remediation efforts.