Accountability and Management  of Military Equipment January 26, 2007 Webcast Interview  With Mr. Richard K. Sylvester   D...
Property Accountability vs. Management <ul><li>Property Accountability = the inherent responsibility to be answerable for ...
The President wants his Administration to move towards improved financial performance Accountability vs. Management Strate...
The Secretary of Defense . . . <ul><li>Acknowledged Defense Transformation as a  priority in his initial message to the  D...
The Under Secretary of Defense (AT&L) included business transformation as one of the goals in his strategic plan Accountab...
A Focus on both  Financial Accounting  and  Property Accountability  will enable the Department to: <ul><li>Value equipmen...
The Department is pursing Unique Identification for assets <ul><li>Unique Identification helps Service staffs and  Command...
Unique Identification will enable linking of physical asset records to financial asset records <ul><li>When we make these ...
Unique Identification will enable linking of physical asset records to financial asset records <ul><li>This knowledge will...
Unique Identification of Assets is one of the attributes of a “good” Accountability System of Record (ASR) <ul><li>Other k...
“ Good” Accountability System of Record, as described in the DoDI 5000.64  <ul><li>Captures a complete audit trail of all ...
Once we identify or develop “good” Accountability System of Record, we will: <ul><li>Connect accountability systems ( phys...
Accountability Improvement Plans <ul><li>Each Service and the Special Operations Command (SOCOM) will provide an accountab...
People – our most important resource  <ul><li>Two Groups engaged in property management: </li></ul><ul><li>Industrial Prop...
People – Industrial Property Managers   <ul><li>The President of Defense Acquisition University (DAU) is working with the ...
People – Accountable  Property Officers  <ul><li>In response, and consistent with the AT&L Human Capital Strategic Plan, t...
People – Accountable  Property Officers <ul><li>The P&E Policy Office will work with DAU to: </li></ul><ul><li>Develop a s...
Policies & Processes <ul><li>We are creating policies and processes that increase the Department’s property accountability...
The Benefits: Improved Property Accountability and Management <ul><li>Moves us toward clean audit opinion </li></ul><ul><l...
For more information please visit <ul><li>www.acq.osd.mil /me </li></ul><ul><li>If you have questions, complete an MEVA Su...
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  • We at the P&amp;E Policy Office sincerely appreciate your taking the time to learn about the MEV Initiative in this second course.
  • Accountability and Management of Military Equipment

    1. 1. Accountability and Management of Military Equipment January 26, 2007 Webcast Interview With Mr. Richard K. Sylvester Deputy Director, Acquisition Resources & Analysis for Property & Equipment (P&E) Policy, Office of the Under Secretary of Defense (Acquisition, Technology and Logistics) (OUSD(AT&L))
    2. 2. Property Accountability vs. Management <ul><li>Property Accountability = the inherent responsibility to be answerable for the physical assets that we hold in trust for the taxpayer </li></ul><ul><li>Property Management = the process by which we account for those assets…our policies and processes, and our systems and people </li></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    3. 3. The President wants his Administration to move towards improved financial performance Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    4. 4. The Secretary of Defense . . . <ul><li>Acknowledged Defense Transformation as a priority in his initial message to the Department, and emphasized the need to carry forward with this process </li></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    5. 5. The Under Secretary of Defense (AT&L) included business transformation as one of the goals in his strategic plan Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    6. 6. A Focus on both Financial Accounting and Property Accountability will enable the Department to: <ul><li>Value equipment in an automated way </li></ul><ul><li>Value equipment at a more granular level </li></ul><ul><li>Track individual assets globally and uniquely over their life cycle—at the enterprise level </li></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    7. 7. The Department is pursing Unique Identification for assets <ul><li>Unique Identification helps Service staffs and Commanders know what assets they have and learn their maintenance and supply history </li></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    8. 8. Unique Identification will enable linking of physical asset records to financial asset records <ul><li>When we make these links , we will have access to information about: </li></ul><ul><li>The value and remaining useful life of assets </li></ul><ul><li>Quantity, location, and condition of equipment available at the enterprise level </li></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    9. 9. Unique Identification will enable linking of physical asset records to financial asset records <ul><li>This knowledge will help us make better decisions about: </li></ul><ul><li>Investing, including “make or buy” decisions </li></ul><ul><li>Replacing losses </li></ul><ul><li>Cross-leveling equipment and finding replacements near at hand at an enterprise level </li></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    10. 10. Unique Identification of Assets is one of the attributes of a “good” Accountability System of Record (ASR) <ul><li>Other key data elements spelled out in the DoDI 5000.64 include: </li></ul><ul><ul><li>Owner, </li></ul></ul><ul><ul><li>Quantity, </li></ul></ul><ul><ul><li>Value, </li></ul></ul><ul><ul><li>Estimated useful life, </li></ul></ul><ul><ul><li>Receipt and acceptance, transfer, or retirement / disposal dates. </li></ul></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    11. 11. “ Good” Accountability System of Record, as described in the DoDI 5000.64 <ul><li>Captures a complete audit trail of all transactions from receipt and acceptance through disposal or retirement of each asset </li></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    12. 12. Once we identify or develop “good” Accountability System of Record, we will: <ul><li>Connect accountability systems ( physical records ) to the accounting systems ( financial records ) </li></ul><ul><ul><li>Via an interface with the IUID Registry and our fixed asset accounting system (Capital Asset Management System (CAMS-ME)) </li></ul></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    13. 13. Accountability Improvement Plans <ul><li>Each Service and the Special Operations Command (SOCOM) will provide an accountability improvement plan that identifies whether or not they have accountable systems that meet the DoDI 5000.64 criteria </li></ul><ul><li>If they DO —We will determine how to connect these systems to the IUID Registry and the fixed asset accounting system </li></ul><ul><li>If they DON’T —We will ask the Service what it is doing to develop an accountability system of record and when it will be complete </li></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    14. 14. People – our most important resource <ul><li>Two Groups engaged in property management: </li></ul><ul><li>Industrial Property Managers </li></ul><ul><ul><li>Manage property in the hands of contractors </li></ul></ul><ul><ul><li>Are part of the acquisition workforce </li></ul></ul><ul><li>Accountable Property Officers </li></ul><ul><ul><li>Manage property within the government </li></ul></ul><ul><ul><li>Are not in the acquisition workforce </li></ul></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    15. 15. People – Industrial Property Managers <ul><li>The President of Defense Acquisition University (DAU) is working with the Director, Defense Procurement and Acquisition Policy to establish a set of competencies for Industrial Property Managers in preparation for human capital strategic planning that will address these issues </li></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    16. 16. People – Accountable Property Officers <ul><li>In response, and consistent with the AT&L Human Capital Strategic Plan, the Property and Equipment (P&E) Policy office is addressing the issues affecting Accountable Property Officers and Hand-Receipt Holders executing the property management mission </li></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    17. 17. People – Accountable Property Officers <ul><li>The P&E Policy Office will work with DAU to: </li></ul><ul><li>Develop a strategic human capital plan </li></ul><ul><li>Identify core competencies </li></ul><ul><li>Develop training, education, and experience requirements for Accountable Property Officers and Hand Receipt Holders </li></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    18. 18. Policies & Processes <ul><li>We are creating policies and processes that increase the Department’s property accountability maturity level </li></ul><ul><li>DoDI 5000.64 requires metrics to measure maturity for assessing and reporting property management maturity </li></ul><ul><li>We are developing a Property Council to build Department-wide consensus on how we manage property </li></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    19. 19. The Benefits: Improved Property Accountability and Management <ul><li>Moves us toward clean audit opinion </li></ul><ul><li>Addresses GAO and DoD IG reports </li></ul><ul><li>Enables top military and OSD decision makers to make better informed investments to equip commanders who can better manage their supply of military equipment </li></ul>Accountability vs. Management Strategic Goals Unique Identification of Assets Systems People Policies & Processes Benefits
    20. 20. For more information please visit <ul><li>www.acq.osd.mil /me </li></ul><ul><li>If you have questions, complete an MEVA Support Form </li></ul>To access the archived version of the webcast interview, please click here .
    21. 21. Thank You

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