On November 2, 2009, Dr. Ashton Carter, Under Secretary of Defense for Acquisition, Technology, & Logistics, signed a memorandum supporting the existence and completeness efforts across the Department. Under this priority, Components are tasked with either demonstrating that their assets are already being accounted for properly in Component Accountable Property Systems of Record (APSRs) or identifying process, control or system deficiencies impeding success and developing plans to remediate these impediments. In addition to supporting the current efforts, the memorandum further defines existence and completeness as follows:
These efforts are leading the Department toward complete audit readiness and will be demonstrated in the semi-annual Financial Improvement and Audit Readiness plan that is submitted to Congress.
On September 4, 2009, the USD(C) issued a memorandum to the Components, Subject: Transition of Military Equipment Reporting, informing them that CAMS-ME would be retired, effective October 1, 2010. The Components had the obligation to inform Comptroller and the Property & Equipment Policy Office of their plans of action to replace the reporting capabilities provided by CAMS-ME. These plans should have been submitted by September 30, 2009, and should have outlined the transition to the Component-specific solutions. Some of the key criteria of the solutions include:
All transitions should be completed on or before the retirement date of CAMS-ME (October 1, 2010).
The Property & Equipment Policy Office would like to take this opportunity to thank all the people involved with CAMS-ME and their commitments to developing the best program possible. Your hard work and dedication will serve you well in your future endeavors, and your efforts have been appreciated.
Program Budget Decision (PBD) 704 has changed the emphasis and direction of the OUSD (AT&L) ARA Property and Equipment Policy Office. The prominent task of this office now is property and equipment policy. As a result, we have created this new website that highlights DoD policies and initiatives related to accountability and accounting of property and equipment. Please bookmark this new website!
To access valuation information, please go to the Defense Finance & Accounting Service (DFAS) Technology Services Organization (TSO) website.
New Website Look! (May 2009)
Program Budget Decision (PBD) 704 has changed the emphasis and direction of the Property and Equipment (P&E) Policy Office. The prominent task of this office now is property and equipment policy. As a result, we have updated the content and changed the look and feel of this website.
The Defense Finance & Accounting Service (DFAS) Technology Services Organization (TSO) will now handle all military equipment valuation issues and training.
Audit Readiness Requirements for DoD Equipment course (CLM048) now available! (March 2009)
The new Audit Readiness Requirements for DoD Equipment course—Continuous Learning Module, CLM048—is now available through the Defense Acquisition University (DAU) Continuous Learning Center. The course is available for all Department of Defense (DoD) personnel who play a crucial role in acquiring, accounting for, managing and controlling government equipment—both for the warfighter and for the American taxpayer.
The course provides the requirements and processes necessary for you to prepare for an audit—to enable you to state with confidence that you are ready for an independent review of your financial statements, that you can make the five required assertions, and that you have all necessary documents to support those assertions. The module also deals with the unique audit readiness requirements for DoD equipment. In a typical audit readiness environment, the Comptroller is usually responsible for ensuring the relative data is audit ready. However, because of the uniqueness of DoD, it is necessary for acquisition and logistics personnel to help ensure that DoD equipment data is audit ready.
We encourage Program Managers, Procurement Contracting Officers, Business/Financial Management Analysts, Item Managers, Accountable Property Officers, Property Custodians, Accounting and Financial Managers, and all others whose job includes audit readiness of DoD equipment to take the course.
Browse through or register for the course at the DAU Continuous Learning Center. (Hint: To locate the course quickly, click on the “CLM” tab, type the word “audit” in the “keywords” search field, and click the “Search” button.) Registration is needed to take the course for credit, but is not required to Browse the course. (Hint: Follow the instructions at the top of the web page to register.)
Release Instructions for CAMS-ME GUI and Portal Release 2.2B now available! (March 2009)
The Capital Asset Management System-Military Equipment (CAMS-ME) Spiral 2.2B software is planned to be released on April 13, 2009. CAMS-ME users now have increased functionality and more user-friendly enhancements as part of the planned spiral development of the system. CAMS-ME is used to maintain and update military equipment valuation data at the enterprise-level to enable accurate calculation of military equipment values.
CAMS-ME GUI changes include:
CAMS-ME Portal changes include:
CAMS-ME users will receive separate instructions telling them how to take full advantage of these new capabilities.