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Monday, June 04, 2007

Personnel issues top concern for DOD financial execs

Workload pressures, aging workforce pose major challenges

Personnel issues represent the dominant concern among Defense Department financial executives, a new study found.

DOD financial executives listed workload pressures from the global war on terror and an aging workforce as overarching challenges, according to a survey released June 1 by the American Society of Military Comptrollers and Grant Thornton LLP.

Executives also said that the Defense financial community lacks clear road maps to guide professional development — despite an abundance of training programs.

Of far less concern for executives in the study were adjusting to new financial information systems and audits. On the whole, executives reported success in implementing new systems.

The survey results are based on in-person interviews with 41 executives and online interviews with 606 ASMC members. Fifty-seven percent represented the four uniformed services, 24 percent worked for the Defense Finance and Accounting Service and 19 percent were from other DOD organizations.

The survey is anticipated to be published on the Grant Thornton website on June 4th on the Global Public Sector Publications page.

-Richard Walker, FCW.com

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