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Full-Text Articles in Business
Using Blockchain To Track Dod Funding And Auditing, Prithvi Prasanna
Using Blockchain To Track Dod Funding And Auditing, Prithvi Prasanna
Theses and Dissertations
The Department of Defense (DoD) currently faces a significant problem when it comes to auditing and tracking financial transactions. The DoD has failed every audit since 2017 although it is gradually improving its auditable rating year after year. Concurrently, Blockchain is an emerging technology that has typically been used for cryptocurrencies but has slowly been adapted by private enterprises for their auditing and invoicing problems. This study investigates the value proposition of blockchain technology to improve DoD financial tracking and auditing. To test the hypothesis that blockchain is the optimal option for the DoD, this paper employs an industry blockchain …
The Effect Of Company Financial Health On The Likelihood Of Cost Overruns, Brady C. Weaver
The Effect Of Company Financial Health On The Likelihood Of Cost Overruns, Brady C. Weaver
Theses and Dissertations
Financial ratio analysis has long been used to determine the financial health of firms and project business performance. Despite the usefulness of financial ratio analysis, risk analysis in defense acquisitions largely ignores these indicators of company financial well-being. This research performs contingency table statistical analysis to determine if a relationship exists between company financial ratios and their future cost performance on Air Force contracts. The general findings are that poor financial ratios at the time of contract start are related to increased likelihood of cost overruns on that contract. Specifically, recent trends of a company’s current ratio in comparison to …
Analysis Of Cost And Schedule Estimation Trends For Major Defense Acquisition Programs, Sammantha J. Jones
Analysis Of Cost And Schedule Estimation Trends For Major Defense Acquisition Programs, Sammantha J. Jones
Theses and Dissertations
This study uses both descriptive and inferential techniques to investigate trends in cost and schedule estimates created by the Department of Defense for their Major Defense Acquisition Programs (MDAPs) throughout the last five decades. For schedule growth percentages, we did not identify any statistically significant trend regarding increasing or decreasing schedule changes or variances of schedule estimates throughout the five decades analyzed. Examining the overall cost growth of MDAPs, a statistically significant difference between the Cost Growth Factors (CGFs) calculated between the 1990s and the 2010s was found, with the 2010s exhibiting lower CGFs. A downward trend in the variances …