FINANCIAL MANAGEMENT: Controls Over Vendor Payments Made for the Army and Defense Agencies Using and Computerized Accounts Payable System (D-2002-056)
Abstract
Serious internal control weaknesses have been reported over the years in DoD payment processes and systems. As a result of those weaknesses, the risk of fraud and error is increased. Errors can include duplicate payments, payments in the wrong amount, or charges to the wrong account. The Defense Finance and Accounting Service (DFAS) uses two versions of the Computerized Accounts Payable System (CAPS) to make vendor payments for the Army and several Defense agencies. During FY 2000, DFAS made about 902,000 vendor payments, valued at $13.7 billion, using CAPS. On April 1, 2001, the Director, DFAS, capitalized all commercial payment resources under the Director, Commercial Pay Services. This is the second in a series of audit reports addressing the controls over CAPS.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 06, 2002
- Accession Number
- ADA399751
Entities
Organizations
- Office of the Inspector General, U.S. Department of Defense