DoD’s Plan to be Audit Ready

The Financial Improvement and Audit Readiness (FIAR) initiative will reach a major milestone on September 30, 2017. The entire Defense community needs to understand that as we begin Fiscal Year 2018 on October 1st -- the FIAR Directive dictates that all accountable assets be audit ready. The US Congress is holding the DoD accountable to [...]

By | April 13th, 2017|Blog|0 Comments

What is MIL STD 130?

Military Standard 130 (or MIL-STD-130) is the Military Asset Identification Standard as designated by the US Department of Defense (DoD). This standard specifies the compliance process to mark and label all US Military assets and property. At the most basic level, MIL-STD-130  requires every item in the possession of the US Military to be marked [...]

By | April 6th, 2017|Blog|0 Comments

The Challenge for the DoD

One of the challenges facing the Department of Defense this year is the FIAR mandate. The Financial Improvement and Audit-Readiness (FIAR) Plan has evolved and matured over the years; but, the current deadlines and regulations were set by Congress in the National Defense Authorization Act of 2010. The FIAR mandate requires that the DoD needs [...]

By | March 15th, 2017|Blog|0 Comments

Changes in Government Property Reporting

This Article Was Written by Pat Jacklets, formerly the Manager of Property Management for Northrop Grumman’s Aerospace Systems Sector Eastern Region. She is currently A2B Tracking’s Asset Management Expert. I’ve recently returned from Nashville after attending the 2016 National Education Seminar for the National Property Management Association. I conducted two sessions – one was for the [...]

By | September 16th, 2016|Blog|Comments Off on Changes in Government Property Reporting

7 Best Practices for Keeping Asset Data Compliant With IUID Registry

If you’re a government contractor and want to avoid rejected payments and lost contracts, you don’t want to mess with the U.S. Department of Defense. The Pentagon mandates that all of its contractors comply with a process that leads to products being listed in the Item Unique Identification (IUID) Registry. Basically, contractors must mark all [...]

By | August 20th, 2015|Blog|Comments Off on 7 Best Practices for Keeping Asset Data Compliant With IUID Registry