If you’re an asset management professional working in or with the Department of Defense, there’s a good chance you are well aware of the looming Financial Improvement and Audit Readiness (FIAR) audit deadline quickly approaching. A big part of this initiative is to get all DoD’s Government Property on the book, reconcile them so they are… Continue reading A Real Crisis Underlying DoD’s FIAR
Month: October 2016
Government Property Contract Closeout Tips
As the Financial Improvement Audit Readiness audit (FIAR) deadline draws near, many Government agencies and defense contractors ramp up their efforts to remain or get compliant. This can lead to finding a bunch of previously lost personal property (through physical inventories, program reviews, etc.) and the closing of programs or contracts previously sitting idle. Which… Continue reading Government Property Contract Closeout Tips