Accession Number : ADA623775


Title :   DOD Financial Management: Additional Efforts Needed to Improve Audit Readiness of Navy Military Pay and Other Related Activities


Corporate Author : GOVERNMENT ACCOUNTABILITY OFFICE WASHINGTON DC


Full Text : https://apps.dtic.mil/dtic/tr/fulltext/u2/a623775.pdf


Report Date : Sep 2015


Pagination or Media Count : 37


Abstract : DOD continues to work toward achieving auditability of its financial statements. As part of that effort, the Navy in March 2013 asserted audit readiness of its military payroll activity, which represents a significant portion of its expenditures. Based on its examination, an IPA found that the Navy s assertion, which focused in part on a 1-month schedule of military pay activity, was fairly stated. GAO was asked to assess the Navy s military pay audit readiness efforts. This report examines the extent to which (1) the Navy was able to provide sufficient documentation to support a complete and valid population of detailed transactions reconcilable to its schedule of military pay activity for April 2013 and (2) the Navy s military pay assertion and validation efforts contribute to future audit readiness. GAO reviewed the IPA s audit documentation and analyzed documentation that the Navy provided to the IPA; reviewed documentation on identified military pay control deficiencies and the status of the Navy s actions to address them; and interviewed Navy, IPA, and DFAS officials.


Descriptors :   *DEPARTMENT OF DEFENSE , *FINANCIAL MANAGEMENT , *NAVAL PERSONNEL , *SALARIES , AUDITING , DEFICIENCIES , FINANCE


Subject Categories : Economics and Cost Analysis
      Government and Political Science


Distribution Statement : APPROVED FOR PUBLIC RELEASE