Financial Management Support in Joint Operations (Joint Publication 1-06)

Financial Management Support in Joint Operations (Joint Publication 1-06)

by Chairman of of Staff

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Overview

Financial Management Support in Joint Operations (Joint Publication 1-06) by Chairman of of Staff

This publication, "Financial Management Support in Joint Operations (Joint Publication 1-060," provides doctrine for financial management in support of joint operations, to include multinational and interagency financial coordination considerations. Financial management (FM) complements combat power, supports strategic and operational reach, and enables endurance. Every mission requires a variety of funding sources and authorities. In addition, financial managers may provide decision support and funds control while executing the joint acquisition process with US and foreign currency. FM supports accomplishment of the joint force commander's (JFC's) mission by providing two different, but mutually supporting, core functions: resource management (RM) and finance support. RM includes providing advice and recommendations to the commander; developing command resource requirements; identifying sources of funds; determining costs; acquiring funds; distributing and controlling funds; tracking costs and obligations; capturing costs; establishing reimbursement procedures; and establishing management internal controls. Finance support includes providing financial advice and recommendations; supporting the procurement process; providing limited pay support; and providing disbursing support. The executive agent (EA) for FM normally will fund multi-Service contract costs, unique joint force operational costs, special programs, joint force headquarters (HQ) operational costs, and any other designated support costs. During joint operation planning, the subordinate JFC must designate what the EA for FM will be required to fund and what the Service components must fund, based on supported combatant commander (CCDR) guidance. Four joint FM objectives support mission accomplishment: Provide commanders with the necessary information to make resource informed decisions and then obtain mission essential funding quickly and efficiently; Reduce the impact of insufficient funding on readiness; Ensure fiscal year integrity and avoid anti-deficiency Violations; and Conduct detailed FM planning and coordinate efforts between the Services and combatant commands to provide and sustain resources. The principles of joint FM are: Integrate FM responsibilities of Department of Defense (DOD) components and operational requirements of the CCDRs; Provide consistent FM guidance in support of joint Operations; Ensure consistency of finance support to joint force Personnel; and Commanders prioritize and allocate resources seeking to optimize the effective and efficient use in accomplishing the assigned mission. This publication has been prepared under the direction of the Chairman of the Joint Chiefs of Staff. It sets forth joint doctrine to govern the activities and performance of the Armed Forces of the United States in joint operations and provides the doctrinal basis for interagency coordination and for US military involvement in multinational operations. It provides military guidance for the exercise of authority by combatant commanders and other joint force commanders (JFCs) and prescribes joint doctrine for operations, education, and training. It provides military guidance for use by the Armed Forces in preparing their appropriate plans. It is not the intent of this publication to restrict the authority of the JFC from organizing the force and executing the mission in a manner the JFC deems most appropriate to ensure unity of effort in the accomplishment of the overall objective.

Product Details

ISBN-13: 9781480134317
Publisher: CreateSpace Publishing
Publication date: 10/17/2012
Pages: 122
Product dimensions: 8.50(w) x 11.00(h) x 0.26(d)

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