Opportunities to Improve the Elimination of Intragovernmental Transactions in DoD Financial Statements

Abstract

Our announced objective was to determine whether the Defense Finance and Accounting Service (DFAS) properly eliminated intragovernmental account balances for selected Other Defense Organizations (ODOs) in the FY 2013 DoD Agency-wide basic financial statements. We determined that DFAS continues to employ the same data collection and elimination procedures that have routinely led to improper elimination of intragovernmental transactions (IGTs). Therefore, we modified our objective to determine whether DoD properly planned the implementation of the Invoice Processing Platform (IPP) to mitigate this material weakness. See Appendix A for a discussion of the scope and methodology and prior coverage related to the objectives.

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Document Details

Document Type
Technical Report
Publication Date
Dec 22, 2014
Accession Number
ADA614046

Entities

Organizations

  • Office of the Inspector General, U.S. Department of Defense

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Accounting
  • Business Administration
  • Civilian Personnel
  • Commerce
  • Comptrollers
  • Cost Estimates
  • Costs
  • Department Of Defense
  • Electronic Mail
  • Elimination
  • Finance
  • Financial Management
  • Governments
  • Marine Corps
  • National Governments
  • Payment
  • United States Government

Readers

  • Defense Financial Management and Audit.