REVIEW AND IMPROVEMENT OF THE OPERATIONS OF THE DEFENSE FINANCE AND ACCOUNTING SERVICE.

SEC. 926. REVIEW AND IMPROVEMENT OF THE OPERATIONS OF THE DEFENSE FINANCE AND ACCOUNTING SERVICE. (a) In General.—Not later than March 1, 2020, the Chief Management Officer of the Department of Defense and the Under Secretary of Defense (Comptroller) shall conduct a joint review of the activities of the Defense Finance and Accounting Service. The review shall include the following: (1) A validation of the missions and functions of the Service. (2) An assessment of the effectiveness of the Service in performing designated functions, including identification and analysis of qualitative and quantitative metrics of performance. (3) An assessment of the resources, authorities, workforce training, and size of the Service to perform designated functions. (4) An assessment of changes required to the mission and activities of the Service based on the availability and application of current and potential future information technology capabilities. (5) A determination whether any functions currently performed by the Service could be performed more appropriately and effectively by any combination of the following: (A) Any other organization or element of the Department of Defense, including the military departments. (B) Commercial providers. (6) A determination whether any functions currently performed by other organizations or elements of the Department could be consolidated within the Service in order to promote effectiveness and reduce duplicative effort. (b) Report.—Not later than March 1, 2020, the Secretary of Defense shall submit to the congressional defense committees a report setting forth the results of the review conducted under subsection (a).