Financial Management: Identification and Reporting of DoD Erroneous Payments
Abstract
DoD financial managers and contracting officials responsible for identifying and reducing erroneous payments should read this report. It discusses ways in which DoD can more accurately analyze and report erroneous payments. The Office of Management and Budget requires Federal agencies to complete annual reviews to determine whether programs and activities may be making significant erroneous payments. It also requires DoD to report estimates of the annual amount of erroneous payments made by programs and activities designated as susceptible to making such payments, and to report in the DoD Performance and Accountability Report on progress made in reducing them. For FY 2004, DoD reported in the annual Performance and Accountability Report that none of its programs and activities exceeded the Office of Management and Budget reporting thresholds for erroneous payments. In FY 2004, DoD improved its process for reviewing programs and activities and identifying and reporting on those susceptible to making significant erroneous payments. Using an improved data call, DoD estimated that there were approximately $977.5 million in erroneous payments associated with its operations in FY 2004. Additionally, DoD identified the military pay activity as being at high risk for erroneous payments. However, additional improvements were needed. DoD did not complete its preliminary estimates or identify the high risk areas until January 2005. As a result, the amount of erroneous payments DoD reported in its FY 2004 Performance and Accountability Report was understated, and DoD did not report the new high-risk area. DoD needs to continue to improve the process of gathering and analyzing data to develop in accurate baseline from which it can measure progress in reducing the likelihood of erroneous payments. (See the Finding section of the report for the detailed recommendations).
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 17, 2005
- Accession Number
- ADA437281
Entities
People
- Barry N. Harle
- Benjamin M. Howison
- Carlisa M. Miles
- Carmen J. Malone
- Catherine Bird
- Curt W. Malthouse
- James L. Kornides
- John R. Williams
- Lusk F. Penn
- Meredith H. Johnson
- Paul J. Granetto
- Richard L. Noem
Organizations
- Office of the Inspector General, U.S. Department of Defense