Building on a Foundation of Strength: Fiscal Year 2012 United States Army Annual Financial Report   [open pdf - 4MB]

"Our Army is built on strong bonds of trust. We trust in our Soldiers who make up our high-quality, all-volunteer force. Those Soldiers in turn trust in the Army and their Families to be their champions in providing a foundation of support needed to succeed. The Army is committed to improving its support systems, from enhancing Wounded Warrior programs to sustaining high-quality housing, child care, and recreation services. Of course, the Army must have the trust of the American people and confidence in how we use their tax dollars. The Army fiscal year 2012 financial statements are a testament to our strong commitment to accountability and effective management of financial resources. These statements demonstrate our stewardship in how these resources were used to lead, maintain, train, organize, and equip America's Army. Though our financial resources are declining, we must continue to provide a highly capable force that can preserve the President's strategic options. It is our responsibility to maximize the Army's overall efficiency by identifying and eliminating duplicative or unnecessary programs while still responsibly winding down our commitments abroad and ensuring we can meet emerging threats around the world. We are moving towards a leaner, more capable and adaptable Army. We will continue to scrutinize budgets as we transition to a smaller yet effective force. We must rebalance force structure and make investment decisions that will shape an Army of 2020 that is prepared for missions across a full range of military operations. This vision focuses on developing adaptive leaders and organizations, modernizing equipment and systems, and revolutionizing training."

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Office of the Under Secretary of Defense (Comptroller): http://comptroller.defense.gov/
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