Accenture Awarded Two Contracts from U.S. Department of the Navy to Support Financial Improvement Programs

  Accenture Awarded Two Contracts from U.S. Department of the Navy to Support
  Financial Improvement Programs

Business Wire

ARLINGTON, Va. -- January 9, 2013

The U.S. Department of the Navy has awarded Accenture Federal Services two
contracts totaling more than $30 million to continue to support the Navy’s
drive toward financial auditability.

Accenture was awarded a three-year, $25.5 million contract to work with six
commands and the United States Marine Corps to provide comprehensive audit
readiness services. Work will include review of business processes, internal
controls and related systems to support improved business operations at Naval
Air Systems Command, Naval Sea Systems Command, the Navy’s Assistant for
Administration, Field Support Activity, Office of Naval Research, Naval
Research Laboratory and the Marine Corps.

Accenture also was awarded a three-year, $5.37 million Financial Information
Systems Control Audit Manual (FISCAM) contract to evaluate the design and
operating effectiveness of IT general computer controls and business process
automated controls for the Navy Enterprise Resource Planning system.
Accenture’s work will include verifying processes, testing controls and
supporting plant, property and equipment validation, all of which are key
elements of the Navy’s Office of Financial Operations’ plan to achieve and
sustain audit readiness.

The FISCAM review of the Navy ERP will help the Navy assess General Accounting
Office compliance for this core financial system.

Both contracts support the Navy’s Financial Improvement Program (FIP). The
program’s objectives are to improve the accuracy, timeliness and reliability
of financial information to increase confidence in the Navy’s financial
management capabilities.

"Ensuring that all internal financial controls provide accurate information
will help the Navy meet all federal and Department of Defense guidelines
toward auditability. This is a critical initiative that assists Navy leaders
by improving the quality and reliability of financial data and securing the
effectiveness of their ERP systems,” said Vince Vlasho, who leads Accenture’s
work with the U.S. Navy.

Accenture’s federal business serves every cabinet-level department and 20 of
the largest federal organizations. The U.S. federal portfolio spans across
clients in civilian, defense, intelligence and public safety agencies.

Accenture Federal Services is a wholly owned subsidiary of Accenture LLP, a
U.S. company, with offices in Arlington, VA.

Learn more about Accenture’s global defense work, from Insights to Outcomes,
its work with federal agencies and Delivering Public Service for the Future.

About Accenture

Accenture is a global management consulting, technology services and
outsourcing company, with 259,000 people serving clients in more than 120
countries.Combining unparalleled experience, comprehensive capabilities
across all industries and business functions, and extensive research on the
world’s most successful companies, Accenture collaborates with clients to help
them become high-performance businesses and governments.The company generated
net revenues of US $27.9billion for the fiscal year ended Aug. 31, 2012.Its
home page is www.accenture.com.

Contact:

Accenture
Joanne Veto, + 703 947 2590
+ 703 963 4212 (mobile)
joanne.m.veto@accenture.com