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FINANCIAL MANAGEMENT: Improved Reporting Needed for DOD Problem Disbursements
To ensure that problem disbursement reports are an effective management tool, DODs reports, at a minimum, need to accurately identify the amount of problem disbursements. However, the reports by Defense Finance and Accounting Service (DFAS), which is responsible for preparing DODs reports on problem disbursements, do not provide this needed information. Our testing of problem disbursement amounts reported byDFAS as of May 31, 1996, shows that the $18 billion total reported by DOD was understated by at least $25 billion. Accordingly, neither the Congress nor DOD management can rely on DODs reported amount to determine the extent of problem disbursements or to monitor progress made in resolving them.
Approved For Public Release