AFI65-202 ADMINISTRATION OF A BASE FINANCIAL MANAGEMENT QUALITY ASSURANCE PROGRAM
MilReg AFI65-202 Frequently Asked Questions

What is the purpose of AFI65-202?
AFI65-202 provides guidance and instructions on the administration of the Base Financial Management Quality Assurance Program for the Air Force.

Who is responsible for implementing the Base Financial Management Quality Assurance Program?
The Financial Management Officer (FMO) at each Air Force base is responsible for implementing and overseeing the program.

What is the objective of the Base Financial Management Quality Assurance Program?
The objective of the program is to ensure compliance with financial management policies, regulations, and procedures, and to continuously improve the quality of financial management practices at Air Force bases.

What are the key components of the Base Financial Management Quality Assurance Program?
The key components include developing an annual financial management quality assurance plan, conducting quality assurance reviews, tracking and reporting findings, and implementing corrective actions.

Who conducts the quality assurance reviews?
Quality assurance reviews are typically conducted by qualified personnel from the Financial Management Office, who are independent of the unit or organization being reviewed.

How often are quality assurance reviews conducted?
Quality assurance reviews are conducted at least annually, as scheduled in the financial management quality assurance plan. However, additional reviews may be conducted at the discretion of the FMO or based on emerging risks or concerns.

What happens after a quality assurance review?
After a review, the findings and recommendations are documented in a report, which is provided to the unit or organization being reviewed. Corrective actions are then developed and implemented to address any identified deficiencies.

What role does the Financial Management Executive Committee (FinMEC) play in the program?
The FinMEC provides guidance, oversight, and support to the FMO in implementing the Base Financial Management Quality Assurance Program. They review quality assurance reports and assist in resolving any issues or concerns.

Are there consequences for non-compliance with the program?
Non-compliance with the program can result in corrective actions, including additional training, process improvements, or disciplinary measures if necessary. It is essential for all financial management personnel to comply with the program to maintain the accuracy and integrity of financial data.

MilReg Top AirForce Regulations