The Department of the Navy’s Financial Improvement Program (FIP) is a multi-year, department-wide effort to strengthen Navy-Marine Corps business processes, internal controls and systems. With Accenture’s help, the Navy is transforming the department’s financial management to better serve worldwide operations and produce financial information with greater accuracy, timeliness and reliability in an environment of changing and evolving systems.
The United States Navy is the largest in the world. With 328,516 personnel on active duty and 101,689 in the Navy Reserve, the U.S. Navy is a key player in U.S. foreign and defense policy, maintaining a global presence in peacetime and prepared to respond rapidly to regional crises. The Navy’s Office of Financial Operations is responsible for managing the Navy’s $150 billion annual budget, helping to ensure the nation’s defense with the efficient and effective use of tax dollars.