Post Tagged with: "Financial Management"
DOD Works to Improve Financial Management
The Defense Department’s effort to better manage its finances has the right strategy, governance process, resources and leadership support, the deputy chief financial officer said today. Mark Easton testified before the House Oversight and Government Reform Committee subcommittee on government organization, efficiency and financial management. Joining him were Daniel Blair, deputy inspector general for auditing [...]
DOD Still Years Away from Managing its Money
Despite efforts to save billions by improving the way it does business, the Defense Department is not only still years away from being able to audit its books, its efforts have lost billions to mismangement, government watchdogs say. In testimony before the Senate Subcommittee on Federal Financial Management, Government Information, Federal Services and International Security, [...]
Comptroller Explains New Financial Management System
WASHINGTON: A new approach is underway to help Pentagon officials better manage Defense Department finances, the department’s top financial officer told Congress today. Robert F. Hale, the department’s comptroller and chief financial officer, testified before the Senate Homeland Security and Governmental Affairs Committee. He outlined areas of financial management where the department is weak, as [...]
Eighth Army to launch new finance system next year
YONGSAN GARRISON, South Korea: Eighth (Field) Army is scheduled to launch a new financial management system next year. Named the General Fund Enterprise Business System, or GFEBS, the new financial management and asset accounting system is scheduled to be deployed across the U.S. Army in waves. The system will cover a broad range of activities, [...]


