A feasibility study into the use of a single local financial management system for the Department of the Navy PDF
Preview A feasibility study into the use of a single local financial management system for the Department of the Navy
DUDLEYKNOXLIBRARY NAVALPOSTGRADUATE SCHOOL MONTEREY CA 93943-5101 NAVAL POSTGRADUATE SCHOOL Monterey, California THESIS A FEASIBILITY STUDY INTO THE USE OF A SINGLE LOCAL FINANCIAL MANAGEMENT SYSTEM FOR THE DEPARTMENT OF THE NAVY by Gary W. Southerland June 1997 Principal Advisor: William Gates Approved for public release; distribution is unlimited. REPORT DOCUMENTATION PAGE FormApproved OMBNo. 0704-0188 Pub&erepottingburdenforthiscollectionofinformationisestimatedtojverage1hoarperresponse,includingthetimeforreviewinginstructions,searchingexistingdatasources,gatheringandmaintainingthedataneeded, andcompletingandreviewingthecollectionofinformation. Sendcommentsregardingthisburdenestimate oranyotheraspectofthiscollectionofinformation, includingsuggestions torreducingthisburden, to WashingtonHeadquartersServices,DirectorateforInformationOperationsandReports,1215JeffersonDavisHighway,Suite1204,Arlington.VA22202-4302,andtotheOfficeofManagementandBudgetPaperwork ReductionProject(0704-01X8),Washington.DC20503. . AGENCYUSEONLY(LeaveBlank) 2. REPORTDATE 3. REPORTTYPEANDDATESCOVERED June 1997 Master's Thesis 4 TITLE AND SUBTITLE: A FEASIBILITY STUDY INTO THE USE OF A 5. FUNDINGNUMBERS SINGLE LOCAL FINANCIAL MANAGEMENT SYSTEM FOR THE DEPARTMENTOFTHE NAVY 6. AUTHOR(S) Gary W. Southerland PERFORMINGORGANIZATIONNAMES(S)ANDADDRESS(ES) PERFORMING 7. 8. Naval Postgraduate School ORGANIZATION Monterey, CA 93943-5000 REPORTNUMBER 9. SPONSORING/MONITORINGAGENCYNAME(S)ANDADDRESS(ES) 10. SPONSORING/MONITORING AGENCYREPORTNUMBER 11. SUPPLEMENTARYNOTES Theviews expressed inthisthesis arethose ofthe authorand do not reflectthe official policy orposition ofthe Department ofDefense or theUnited States Government, 12a. DISTRIBUTION/AVAILABILITYSTATEMENT 12b. DISTRIBUTIONCODE Approved forpublic release; distribution is unlimited. 13. ABSTRACT(Maximum200words) This thesis investigated the feasibility ofimplementing a single Navy-wide local financial management system. In this era ofdownsizing and budget cuts, the government is looking for opportunities to spend funds more efficiently. One initiative which is starting to pay dividends is consolidating finance and accounting systems. The Navy-wide implementation ofthe Standard Accounting and Reporting System family ofaccounting systems is nearly complete. This system, however, provides no financial management capability to local managers. These managers must independently organize theirlocal financial management systems. This thesis evaluated the feasibility oftaking this consolidation process one step further; to the local level. It used the Fund Administration and Standardized Document Automation System (FASTDATA) local financial management system as abaseline for analysis. Itevaluated the system's capabilities and its acceptability by operational users. It was determined by the research that a single Navy-wide local financial management system is feasible. FASTDATA performed extremely well and users find itto be a very acceptable system. FASTDATA has the potential to fill the role as the Navy-wide local financial management system. However, several technological upgrades will need to be incorporated. 14. SUBJECTTERMS Accounting Systems, Financial Management Systems, 15. NUMBEROF FASTDATA, STARS-FL PAGES 68 16. PRICECODE 17.SECURITYCLASSIFICA- 18.SECURITYCLASSIFI- 19. SECURITYCLASSIFICA- 20. LIMITATION OF TIONOFREPORT CATION OFTHISPAGE TIONOFABSTRACT ABSTRACT UL Unclassified Unclassified Unclassified NSN7540-01-280-5500 StandardForm298 (Rev. 2-89) PrescribedbyANSIStd.239-18298-102 11 Approved for public release; distribution is unlimited. A FEASIBILITY STUDY INTO THE USE OF A SINGLE LOCAL FINANCIAL MANAGEMENT SYSTEM FOR THE DEPARTMENT OF THE NAVY Gary W. Southerland Lieutenant, United States Navy B.S., Northeast Missouri State University, 1986 Submitted in partial fulfillment ofthe requirements for the degree of MASTER OF SCIENCE IN MANAGEMENT from the NAVAL POSTGRADUATE SCHOOL June 1997
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