9.2: MIT, Issue Resolution, and Financial Management System

Established a Management Improvement Team (MIT), resolving audit issues, and implementing a new financial management system.

Other Information:

In order to accomplish these goals, the Administration has established a Management Improvement Team (MIT) within ED. The MIT, comprised of nearly a dozen senior-level managers, is responsible for identifying, tracking, cataloguing, and resolving all audit issues and management items. Through the beginning of June 2001, the MIT had successfully resolved or closed more than three-fourths of the major audit issues. Concurrently, ED is implementing a new financial management system. Through these efforts, the Administration expects to significantly improve ED’s financial management capacity.

Indicator(s):

Indicator:1

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