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In addition to optimizing and safeguarding the Army's resources, we owe our leaders reliable and timely financial information so that they can make informed business decisions. Providing this information is central to our mission. Receiving an unqualified audit opinion on our financial statements certifies the reliability of our financial information and, hence, remains an Army priority. Over the past year, we have made major strides in achieving this goal. For example, this year's accomplishments include: completion of milestone 3 of our Single Stock Fund implementation; Army-wide deployment of the Defense Property Accountability System; exceeding our goals for improving our accounting processes, including reducing problem disbursements, negative unliquidated obligations and outstanding travel advances and liquidating obligations in appropriations in advance of their cancellation; partnering on and advancing the development of a CFO compliant enterprise resource plan for our Logistics Modernization Program; and, positioning the Army National Guard to move simultaneously with the rest of the Army to the Department of Defense Financial Management Modernization Program's approved architecture.
United States Army Annual Financial Statement
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