Coast Guard Service Day: Strengthening Partnerships, Procedures, and Business Practices

The American Society of Military Comptroller's Professional Development Institute (PDI) 2019's Service Day marked an invaluable opportunity for nearly 70 Coast Guard financial managers, including the organization's Chief Financial Officer (CFO), Deputy CFO, and numerous senior militar...

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Bibliographic Details
Published inThe Armed Forces Comptroller Vol. 64; no. 3; pp. 6 - 10
Main Author Steele, Christopher L
Format Journal Article Trade Publication Article
LanguageEnglish
Published Alexandria American Society of Military Comptrollers 22.06.2019
Subjects
Accounting departments
Best practice
Best practices
Chief financial officers
Financial management
Financial statements
Media executives
Nonprofit organizations
Partnerships
Professional associations
Professional development
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Summary:The American Society of Military Comptroller's Professional Development Institute (PDI) 2019's Service Day marked an invaluable opportunity for nearly 70 Coast Guard financial managers, including the organization's Chief Financial Officer (CFO), Deputy CFO, and numerous senior military and civilian leaders to take a step back from the daily routine and connect, collaborate, and share best practices. Throughout the day, this dynamic group got up to speed in areas of financial management perhaps not otherwise openly discussed on a day-to-day basis. A number of ongoing strategic initiatives and projects influencing and involving the fleet and the future of financial management were discussed, and included the state of the Coast Guard financial management, lessons learned from the recent lapse in appropriations, Business Processing Re-engineering (BPR), and many other topics. The diverse reach of Coast Guard participants included members throughout the Continental US, and even Alaska and Hawaii. Albeit a small organization covering a vast array of geographic dispersed units, the Coast Guard epitomizes the image of efficient stewards of constrained topline budgets and competing requirements. It serve as one of the five branches of the Armed Forces, operate as America's oldest continuous seagoing service, and carry out 11 statutory missions.
ISSN:0004-2188