That the Defence Materiel Organisation present the findings of its examination of the presentation of financial data on all possible methods for project expenditure information (E.g. base date dollars, out‐turned dollars and current dollars) to the Joint Committee of Public Accounts and Audit (JCPAA) as soon as it is completed and no later than 31 August 2011.
This examination should include a: (1) preferred method, and (2) comprehensive proposal for transition towards the proposed new arrangement. In addition, the proposed examination should be reviewed by the Australian National Audit Office before it is submitted to the JCPAA for consideration and recommendation prior to inclusion in the MPR.
DMO Response: Agree