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DoD Financial Management RegulationVolume 5, Chapter 3 + October 2006SUMMARY OF MAJOR CHANGES TO DoD 7000.14R, VOLUME 5, CHAPTER 3 KEEPING AND SAFEGUARDING PUBLIC FUNDS Substantive revisions are denoted
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- Military personnel: They use the regulation to understand and comply with financial management policies and procedures.
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- Contractors: Contractors working with the Department of Defense may need to understand and adhere to the financial management regulations.
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- Auditors: The regulation serves as a reference for auditors who assess financial practices and compliance within the Department of Defense.
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- Financial managers: They rely on the regulation to establish and enforce financial management policies and procedures.
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The DoD Financial Management Regulation (FMR) sets forth financial management policies and procedures for the Department of Defense.
All Department of Defense personnel involved in financial management activities are required to follow the regulations.
To fill out the DoD Financial Management Regulation, individuals must carefully read and follow the instructions provided in the document.
The purpose of the DoD Financial Management Regulation is to ensure compliance with financial management policies and procedures within the Department of Defense.
Information about financial transactions, budgeting, accounting, and reporting must be reported in the DoD Financial Management Regulation.
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