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 <subject>Accountability</subject>
 <subject>Agency missions</subject>
 <subject>Budget functions</subject>
 <subject>Cost analysis</subject>
 <subject>Cost effectiveness analysis</subject>
 <subject>Decision making</subject>
 <subject>Defense cost control</subject>
 <subject>Defense economic analysis</subject>
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 <title>DOD Business Transformation: Sustained Leadership Needed to Address Long-standing Financial and Business Management Problems</title>
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<abstract>In July 2004, GAO testified before Congress on the impact and
causes of financial and related business weaknesses on the	 
Department of Defense&apos;s (DOD) operations and the status of DOD	 
reform efforts. The report released today highlights that DOD	 
still does not have management controls to ensure that its	 
business systems investments are directed towards integrated	 
corporate system solutions. GAO&apos;s reports continue to show that  
fundamental problems with DOD&apos;s financial management and related 
business operations result in substantial waste and inefficiency,
adversely impact mission performance, and result in a lack of	 
adequate accountability across all major business areas. Over the
years, DOD leaders attempted to address these weaknesses and	 
transform the department. For years, GAO has reported that DOD is
challenged in its efforts to effect fundamental financial and	 
business management reform and GAO&apos;s ongoing work continues to	 
raise serious questions about DOD&apos;s chances of success. Congress 
asked GAO to provide information on the (1) pervasive		 
long-standing financial and business management weaknesses that  
affect DOD&apos;s efficiency, (2) cost of and control over the	 
department&apos;s business systems investments, and (3) legislative	 
actions needed to enhance the success of DOD&apos;s business 	 
transformation efforts.</abstract>
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<note>Testimony</note>
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 <topic>Agency missions</topic>
 <topic>Budget functions</topic>
 <topic>Cost analysis</topic>
 <topic>Cost effectiveness analysis</topic>
 <topic>Decision making</topic>
 <topic>Defense cost control</topic>
 <topic>Defense economic analysis</topic>
 <topic>Federal agency reorganization</topic>
 <topic>Financial management</topic>
 <topic>Internal controls</topic>
 <topic>Human capital management</topic>
 <topic>Business operations</topic>
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  <partNumber>Volume 116 Page 2458</partNumber>
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  <title>United States Public Law 314 (107th Congress)</title>
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