Financial Management: DoD Payroll Withholding Data for FY 2000
Abstract
We performed this audit in response to the Chief Financial Officers Act of 1990, as amended by the Federal Financial Management Act of 1994, which requires DoD and other Government agencies to prepare consolidated financial statements. We performed this audit as a joint agency effort with the Defense Finance and Accounting Service (DFAS) internal review staff, who made a significant contribution by reviewing many sample items. Office of Management and Budget Bulletin No. 01-02, October 16, 2000, requires all Federal agencies to review the retirement, health, and life insurance withholdings and agency contributions during the course of conducting audits and specifies the procedures to apply. The DoD Financial Management Regulation prescribes the requirements of the DFAS payroll accounting system, including an audit trail and an ability to query data. DoD payroll offices remitted more than $2 billion to the Office of Personnel Management for FY 2000 in retirement, health, and life insurance withholdings and agency contributions for more than 675,000 DoD civilian employees with a total annual payroll of $25.2 billion. This is the second of a series of reports on payroll withholding for FY 2000.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 25, 2002
- Accession Number
- ADA400454
Entities
Organizations
- Office of the Inspector General, U.S. Department of Defense