ARC helps the Army navigate the annual financial statement audit. The directorate supports operational initiatives aimed at planning, preparing and reporting for the Army’s financial statement audit. Through collaboration with multiple stakeholders in the Department of the Army and the Department of Defense, ARC facilitates the determination and elimination of key weaknesses in Army financial management, such as reconciling and reporting on Fund Balance with Treasury.
ARC also supports independent public accountant activities, including walkthroughs, population and audit samples, findings, and corrective action plans. The directorate monitors, inspects and reports on Army’s corrective actions to completion, as well as supports resolution and oversight of service providers’ critical audit issues.