Audit of DoD Efforts to Remediate Financial Statement Material Weaknesses Related to Government Property in the Possession of Contractors

Rec. 1.a: The DoD recommended that the Under Secretary of Defense for Acquisition and Sustainment, in coordination with the Under Secretary of Defense (Comptroller)/ Chief Financial Officer, DoD, provide clarifying information to DoD Components on why the Government?Furnished Property Module is an essential part of the DoD?wide solution for recording and reporting Government Property in the Possession of Contractors.

Rec. 1.c.: The DoD recommended that the Under Secretary of Defense for Acquisition and Sustainment, in coordination with the Under Secretary of Defense (Comptroller)/ Chief Financial Officer, DoD, work with DoD Components to implement the Government?Furnished Property Module and the necessary interfaces with each Components non?retiring Accountable Property System of Record.

Rec. 2.a: The DoD recommended that the Assistant Secretary of the Navy (Financial Management and Comptroller), align Component?level Government Property in the Possession of Contractors material weakness remediation efforts with the Office of the Under Secretary of Defense for Acquisition and Sustainment Corrective Action Plan.

Rec. 2.b: The DoD recommended that the Assistant Secretary of the Army (Financial Management and Comptroller) update remediation efforts to require each Components Accountable Property System of Record to directly interface with the Government?Furnished Property Module.

Rec. 2.b: The DoD recommended that the Assistant Secretary of the Air Force (Financial Management and Comptroller) update remediation efforts to require each Components Accountable Property System of Record to directly interface with the Government?Furnished Property Module.