Download or read book Defense Finance and Accounting Service Administration of Unit Costs written by and published by . This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the fourth in a series of reports resulting from our "Audit of the Defense Finance and Accounting Service Administration of Unit Cost Rates." As part of the Defense Business Operations Fund, the Defense Finance and Accounting Service (DFAS) must recover all operating costs by charging fees or cost recovery rates to its customers for providing goods and services. DFAS charges operating costs to its customers based on counts (that is, work load counts) of products or outputs produced. Audit Objectives. We conducted this part of our audit to find out whether unit costs for goods and services provided by DFAS were determined in accordance with DoD policies and based on actual costs incurred. In addition, we evaluated management controls over the accumulation of costs and work load data. To accomplish our objective, we reviewed selected aspects of unit cost administration at DFAS Headquarters and at each of the five major DFAS centers. We also judgmentally selected nine DFAS subordinate organizations (including Operating Locations and Defense Accounting Offices) for review. We selected 2 of the 16 DFAS outputs for the review, Commercial Invoices Paid (Output 9) and Monthly Trial Balances Maintained (Output 11). We examined those outputs because they made up $814 million, or 49 percent, of the $1.7 billion operating costs that were passed on to DFAS customers during FY 1995. in addition, because of concerns about billing for precertified travel vouchers at the DFAS Indianapolis Center, we performed a limited review of the precertified travel and precertified commercial invoice billing process at the DFAS Denver and Indianapolis Centers only. During FY 1995, the Travel Vouchers Paid output (Output 7) operating costs were $88 million, or another 5 percent of DFAS total costs.
Download or read book Defense Finance and Accounting Service Billing Rates written by and published by . This book was released on 1996 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the second in a series of reports we plan to issue as part of our Audit of the Defense Finance and Accounting Service Administration of Unit Cost Rates. As part of the Defense Business Operations Fund, the Defense Finance and Accounting Service (DFAS) is required to recover operating costs by charging fees or cost recovery rates to customers for goods and services. The Defense Business Operations Fund pricing policy requires that cost recovery rates, or billing rates, promote cost visibility and motivate cost effective behavior.
Download or read book Financial Management written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-07 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO discussed the Department of Defense's (DOD) progress in implementing and operating the Defense Business Operations Fund. GAO noted that: (1) DOD has initiated the Corporate Information Management project as a long-term strategy to improve DOD systems; (2) the Defense Finance and Accounting Service (DFAS) has overall responsibility to provide uniform accounting policy guidance, establish requirements for financial systems, provide finance and accounting services, and prepare financial statements; (3) DOD has acknowledged that the Fund's systems are inadequate, but it has not developed a comprehensive cash management policy for the Fund; (4) DOD has established a goal of maintaining a working capital level of $1 billion; (5) billings to customers for services provided by the Fund have not been timely; (6) 11,019 inventory items with understated prices have been identified in an Army financial statement audit; (7) the Fund's financial reports do not accurately reflect the Fund's financial condition; (8) in fiscal year 1992, DOD began issuing activity-based unit cost budgets to the Fund's business areas; and (9) DOD has selected the Defense Business Management System to support the Fund's implementation without evaluating the system's benefits and technical risks or defining all of the features needed.
Download or read book Resource Management written by and published by . This book was released on 1992-05 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Resource Management Journal written by and published by . This book was released on 1992 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Maritime Supply Chains written by Thierry Vanelslander and published by Elsevier. This book was released on 2020-03-24 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Maritime Supply Chains breaks the maritime chain into components, consistently relating them to the overall integrated supply chain. The book not only analyzes and provides solutions to frequently encountered problems and key operational issues, it also applies cutting-edge scientific techniques on the maritime supply chain. Sections consider shipping, ports and terminals, hinterland and the issues that intersect different parts of the chain. Readers will find discussions of the various actors at play and how they relate to the overall function of the supply chain. Finally, the book offers solutions to the most pressing problems, thus providing a unique, well-balanced account. Provides a comprehensive and integrative account of the maritime supply chain, from shipping, to port, to hinterland Cuts through the maritime supply chain to offer a transversal picture on how the chain functions Applies rigorous analytical techniques to give solutions to the most frequent and pressing challenges facing maritime supply chains Considers advances, such as blockchain, that are set to transform maritime supply chains
Download or read book Defense Finance and Accounting Service Fiscal Year 1995 Budget Estimates written by and published by . This book was released on 1994 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Defense Finance and Accounting Service (DFAS) is the Executive Agent responsible for finance and accounting functions in the Department of Defense (DoD). DFAS is the central organization responsible for the DoD finance and accounting procedures, financial management systems and centralized accounting and finance operations. DFAS was initially created in January 1991 through the consolidation of the finance and accounting centers of the Military Departments and Defense Agencies. In December 1992, DMRD 910 (Consolidation of DoD Accounting and Finance Operations) extended DFAS consolidation and standardization efforts to include the accounting and finance field activities of the Military Departments and Defense Agencies. Through major restructuring of the finance and accounting business of DoD DFAS expects to reduce finance and accounting costs significantly within five years. Information technology improvements are essential to streamlining operations and achieving savings projections. DFAS management initiatives will standardize operations, eliminate duplicative systems development and maintenance efforts, improve efficiency and effectiveness and facilitate consolidation of finance and accounting operations.
Download or read book Accounting for Selected Assets and Liabilities written by United States. Federal Accounting Standards Advisory Board and published by . This book was released on 1993 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Management Regulation written by United States. Under Secretary of Defense (Comptroller) and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book F d ration des associations de l enseignement sup rieur written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Finance and Accounting Service written by United States. Defense Finance and Accounting Service and published by . This book was released on 1997 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Department of Defense Dictionary of Military and Associated Terms written by United States. Joint Chiefs of Staff and published by . This book was released on 1979 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Unit Cost written by Defense Resources Management Institute (U.S.) and published by . This book was released on 1996* with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook is intended to acquaint Department of Defense (DoD) executives and managers with the subject of unit cost. It provides an overall familiarization with unit cost and the management challenges, opportunities and benefits unit cost management offers. Unit cost principles underlie a management methodology that is applicable to many organizations, whether operations are funded by direct appropriations or financed through a revolving fund. The aim of unit cost is to relate total cost to the work or output produced. To improve use of resources, decision makers must understand their mission and the work required to perform that mission. They must also have visibility of total cost, including costs that historically have been viewed as "free" such as military labor or capital equipment. Unit cost focuses management attention on relating total cost with work accomplished (output produced). Outputs produced must be specifically identifiable and quantifiable. Costs are captured and categorized as: direct, indirect, and general and administrative costs. The unit cost (or average total cost) is the sum of these costs, divided by the number of units of outputs produced. Output and cost data are collected through financial and nonfinancial processes and systems. Unit Cost Reports provide data on the execution of a program in unit cost terms. Working groups consisting of representatives from the Office of the Under Secretary of Defense (Comptroller) and components have implemented the unit cost methodology for a number of functional support areas. For these areas, a target, called the unit cost goal, is passed to each component headquarters organization. The unit cost goal serves as a financial benchmark. The Unit Cost Reports help executives and managers monitor performance against these unit cost goals. Executives and managers who manage with unit cost principles will improve decision making capabilities by having better, more meaningful information. Unit cost management is a tool, not a substitute for sound management or leadership. The unit cost approach encourages all employees to look at all costs in terms of the outputs of the business. Properly used, unit cost also helps target areas needing management attention, promotes creative UNIT COST relates resources consumed to outputs produced to help DoD leaders make better management and resource allocation decisions.
Download or read book Inspector General United States Department of Defense Semiannual Report to the Congress October 1 1996 March 31 1997 written by and published by DIANE Publishing. This book was released on with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Payroll Expenses Reported by the Defense Finance and Accounting Service Cleveland Center written by and published by . This book was released on 1998 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Defense Finance and Accounting Service Indianapolis Center is responsible for preparing the financial statement for the Department 97 appropriations, beginning in FY 1996. To meet that requirement, a consolidation was done of the financial information received from offices providing accounting support to the Defense organizations and prepares the financial statement for the "Other Defense Organizations" a segment of the DoD consolidated financial statement. During FY 1996, the Defense organizations received $39 billion in appropriations, and their financial statements showed operating expenses of $40.5 billion. inspector General, DoD, Report No. 98-028, "Personal Services and Benefits Expenses in the FY 1996 Statement of Operations and Changes in Net Position of the Other Defense Organizations," December 2, 1997, reported that payroll constituted $7. 1 billion of the operating expenses. For the FY 1996 financial statements, the Defense Finance and Accounting Service Cleveland Center reported operating expenses totaling $5.3 billion for Department of the Navy organizations that received Department 97 appropriated funds. This report (is the fourth and final in a series of reports addressing payroll-related issues, including the effect of noncompliant payroll actions on the FYs 1996 and 1997 financial statements. The overall audit objective was to evaluate management controls over the distribution of civilian payroll and related expenses on the FY 1996 financial statements for Other Defense Organizations.
Download or read book Dod Financial Management written by U.s. Government Accountability Office and published by . This book was released on 2017-08-04 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Defense Finance and Accounting Service-Indianapolis (DFAS-IN) reported that fiscal year 2010 active Army military payroll totaled $46.1 billion. However, for several years, GAO and others have reported continuing deficiencies with Army military payroll processes and controls, raising questions about the validity and accuracy of reported Army military pay and whether it is auditable. The Department of Defense (DOD) has recently accelerated its Statement of Budgetary Resources audit readiness goal by 3 months to 2014 and is required to achieve audit readiness for a full set of DOD financial statements by 2017. GAO performed basic audit procedures for the Army's active duty military payroll to assess the Army's ability to (1) identify a valid population of payroll transactions and (2) test a sample of payroll transactions for validity and accuracy. GAO reviewed applicable laws and regulations, analyzed DOD and Army policies and procedures, drew a statistical sample of payroll transactions to test their accuracy and validity, and met with DOD, DFAS-IN, Army, and Defense Manpower Data Center officials."
Download or read book Performance Budgeting and Unit Cost Accounting for Governmental Units written by Municipal Finance Officers Association of the United States and Canada and published by . This book was released on 1954 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
