American Society of Military Comptrollers Outlook for DOD
- Slides: 29
American Society of Military Comptrollers Outlook for DOD FMers The Role of ASMC Hon. Robert F. Hale, CDFM Executive Director American Society of Military Comptrollers 1
Outlook for Do. D FMers • Key trends affecting financial managers – Defense budget trends – Pressures of war – Demands for accountability – Demands for transformation – FM workforce trends • How ASMC can help accommodate trends 2
Defense Budget Up Sharply (in constant FY 06 dollars) FY 00 -05: 45% 496 495 499 342 3
Modest Growth Planned (nominal dollars) Basic Budget FY 06 -11: 4. 2%/yr 538 491 +? ? ? *Administration’s Feb 06 budget request 504 4
Deficits Declining But Substantial (Total Federal Deficit in $B) +236 -318 -423 Source: Administration’s Feb 06 Budget Request -205 5
Threats Determine Do. D Budgets (Constant FY 05 Dollars) Korea Vietnam 50 60 70 Reagan buildup 80 War on Terrorism 90 00 05 6
Summary of Near-Term Do. D Budget Trends • Budgets up sharply over past 5 years – More workload – Tight budgets continue • Modest growth likely for next 5 years – Tight budgets will continue 7
Key Trends Affecting Defense Financial Managers ü Defense budget trends Ø Pressures of war Ø Demands for accountability Ø Demands for transformation • FM workforce trends 8
Pressures of War • Rapid shifts in fiscal requirements – Hard for budget process to keep up • Rapid shifts in execution needs – Wartime acquisition a particular challenge • Executing budget in a war zone a consuming challenge 9
Demands for Accountability • Criticism of wartime funds execution – Comptroller General: “extreme difficulty getting the Department to provide a full accounting (of Iraq funds)” • Lack of timely, accurate financial information – Do. D “red” for fin mgt on Pres Mgt Agenda (2005) • No auditable financial statements – Do. D one of only 4 federal agencies without auditable financial statements 10
Demands for Transformation • Transformation a key goal of this Administration • There are important barriers to transformation in Do. D • Bottom line on transformation – Keep trying, but be realistic 11
Key Trends Affecting Defense Financial Managers ü Defense budget trends ü Pressure of war ü Demands for accountability ü Demands for transformation Ø FM workforce trends 12
Defense Financial Management Workforce 41507 10340 ? ? ? Source: (civilian) OPM Fedscope system, GS 5 xx personnel (as of 9/05) (military) DMDC (as of 8/05) 13
Do. D FM Civilian Workforce Declining in Size 46821 Avg Decline: 1. 7% per year 41507 Source: OPM Fedscope system, GS 5 xx personnel 14
Do. D FM Civilian Workforce Aging (as of Sept 2005) 46% Age 50 and Above 15
Do. D Financial Managers Have Their Budgetary Hands Full In FY 98: $640 per hour In FY 05: $920 per hour 16
Summary of Key Trends • • • Defense budget trends Uncertainty & Pressures of war Change Demands for accountability Transformation pressure Workforce trends BRAC 17
18
Summary of Key Trends • • • Uncertainty & Change Defense budget trends Pressures of war Demands for accountability Transformation pressure Workforce trends BRAC Promise & Opportunity 19
Outlook for Do. D FMers • Key trends affecting financial managers Ø How ASMC can help accommodate trends Ø… and enhance your career 20
How ASMC Can Help You • Keep you informed – And broaden your perspective • Help you stand out • Help you be a leader • Provide member benefits 21
Keep You Informed • National Professional Development Institute (PDI) – Virtual Library (www. asmconline. org) • • • Regional PDIs Chapter meeting presentations Audio conferences Journal improvements Videotaping FM leaders Breadth and Depth of Knowledge … and Contacts 22
Help You Stand Out • Certified Defense Financial Manager • Enhanced Defense Financial Management training • ASMC awards • Active ASMC membership 23
Certified Defense Financial Manager (CDFM) • Must pass three-module test – – Resource management environment Budget and cost analysis Accounting and finance Optional: acquisition (PDI 2006) • Must have minimum level of experience – Two to four years of relevant experience • Must accept Pledge of Professionalism • Must complete Continuing Professional Education – 80 hours every two years More Info: www. asmconline. org 24
Help You Stand Out ü Certified Defense Financial Manager • Enhanced Defense Financial Management training • CDFM training – Pre-conference CDFM training at PDI 2006 – Free CDFM training at chapters – Self study • ASMC awards • Active ASMC membership 25
Help You Be a Leader • • Currency of knowledge Breadth of knowledge Pledge of professionalism Leadership opportunities – In your ASMC chapter – In community service 26
Provide Other Member Benefits • Discounts on CDFM enrollment • Discounts on national PDI registration • Continuing education grants • Affinity programs – University of Phoenix online discounts – Pentagon Federal Credit Union VISA card 27
New Ways to Keep ASMC Strong Audio conferences Video taping Improve outreach to corporate members Enhance CDFM Strengthen Journal and Web Online registration and data access 28
Summary • Key trends suggest change. . but also opportunity – Budgets up, but still tight – Demands for accountability remain strong – FM government workforce declining and aging • ASMC can help you – Keep you informed • Broaden your perspectives – Let you stand out – Help you be a leader More About ASMC: www. asmconline. org 29
- Outlook for incentive travel
- Military society
- Picasso dod
- Gustav vasas död
- Ippokratis pandis
- Dod digital engineering strategy
- Dod logo
- How did judas die?
- Taxonomy of services & equipment portfolio group
- Dod evmig
- Ralph lundsten död
- 2019 dod allied nations technical corrosion conference
- Tuvstarr tavla
- Brig. gen
- Dod
- Mil-std-889d
- Code of conduct articles
- Dod gemcar
- Fss muni percentil posledního přijatého
- Dpmap appraisal examples
- Dod workspace
- Dod patient safety program
- Uva records management
- Gertler econ
- Z welding symbol
- American society for industrial security
- Tamara nameroff
- Kubitza
- American society of mechanical engineers
- American cancer society