1. DOD Financial and Audit Readiness
In order for the DoD Comptroller to achieve these goals for the major end-users, the DoD utilizes the GAO's Standards for Internal Control in the Federal Government, or otherwise known as the "Green Book. "The Green Book provides financial management personnel criteria for designing, implementing, and operating an effective internal control system [GAO14]. The Green Book will aid DoD components to achieve full audit readiness by 2017 and begin full financial statement audits in FY18 consisting of four waves[DOD13]: Wave 1: Appropriations received are validated as audit ready. ... Financi...
- Word Count: 1822
- Approx Pages: 7
- Has Bibliography
- Grade Level: Graduate