Opportunities to Improve the Elimination of Intragovernmental Transactions in DoD Financial Statements
INSPECTOR GENERAL DEPT OF DEFENSE ARLINGTON VA
Pagination or Media Count:
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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