Download or read book Defense Finance and Accounting Service Billing Rates written by United States. Department of Defense. Office of the Inspector General and published by . This book was released on 1996 with total page 28 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 Challenges in Defense Working Capital Fund Pricing written by Edward Geoffrey Keating and published by Minnesota Historical Society. This book was released on 2003 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Defense Finance and Accounting Service (DFAS) provides finance and accounting services to customers within the Department of Defense. The authors examine the DFAS pricing structure and its impact on customer demand, the agency's workload, and equity in pricing. The authors found that the DFAS's uniform pricing for finance outputs creates cross-customer subsidization, suggesting a need for nonlinear, customer-specific pricing. The authors also examine whether any negative effects arose from the October 1999 switch from unit billing to hourly billing for DFAS accounting work and found no significant evidence that they had.
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 1993 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Management written by United States. General Accounting Office and published by . This book was released on 1997 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 FMS Customer Financial Management Handbook Billing written by and published by Government Printing Office. This book was released on with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an explanation of the financial aspects of the U.S. foreign military sales (FMS) program, with emphasis on FMS billing and reporting. Describes how the FMS financial system works and delineates why this financial system is designed to function as it does.
Download or read book Defense Working Capital Fund Pricing Policies written by Edward Geoffrey Keating and published by RAND Corporation. This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Defense Finance and Accounting Service (DFAS), created in 1991 through the consolidation of military service-specific accounting and finance operations, provides a variety of services to Department of Defense (DoD) customers, such as payroll, bill payment, and generation of accounting statements. Examining DFAS data on expenditures and workload to explore possibilities for improved operations, the authors argue that current linear pricing of DFAS services is inappropriate. In particular, DFAS expenditures neither increase nor decrease commensurate with workload. DFAS's pricing could be improved by a switch to a nonlinear approach, distributing fixed costs among customers using open-the-door transfer payments and charging only incremental costs to customers on a per work unit basis. Such a pricing reform would require changes to current Defense Working Capital Fund (DWCF) regulations.
Download or read book Defense Working Capital Fund Pricing Policies written by Edward Geoffrey Keating and published by RAND Corporation. This book was released on 1999 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Defense Finance and Accounting Service (DFAS), created in 1991 through the consolidation of military service-specific accounting and finance operations, provides a variety of services to Department of Defense (DoD) customers, such as payroll, bill payment, and generation of accounting statements. Examining DFAS data on expenditures and workload to explore possibilities for improved operations, the authors argue that current linear pricing of DFAS services is inappropriate. In particular, DFAS expenditures neither increase nor decrease commensurate with workload. DFAS's pricing could be improved by a switch to a nonlinear approach, distributing fixed costs among customers using open-the-door transfer payments and charging only incremental costs to customers on a per work unit basis. Such a pricing reform would require changes to current Defense Working Capital Fund (DWCF) regulations.
Download or read book U S Army Military Pay Tables daily Rates Effective 1 January 1992 written by United States. Defense Finance and Accounting Service--Indianapolis Center and published by . This book was released on 1992 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Finance and Accounting Service Contract for Military Retired and Annuitant Pay Functions written by and published by . This book was released on 2009 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the request of Congressman Dennis J. Kucinich, we reviewed the Defense Finance and Accounting Service (DFAS) contract for military retired and annuitant pay functions. Specifically, we reviewed contractor performance, costs, and staffing, as well as the Government's management of the contract. We also performed a limited review of policies and procedures for voucher prepayment examination. The DFAS Continuing Government Activity (CGA) did not adequately monitor contractor performance for six of the seven critical performance standards on its $346 million (10-year) services contract with Lockheed Martin for the military retired and annuitant pay functions. DFAS also did not collect $547,236 in deductions for unsatisfactory performance. The call center for military retired and annuitant pay functions operated by Lockheed Martin was providing service to DFAS callers that is far below industry standards. For 2008, the call center monthly average call abandonment rates ranged from 11.0 to 40.6 percent compared to an industry standard of 4.0 percent. In addition, time to answer calls ranged from 108 to 280 seconds compared to an industry standard of 26 seconds.
Download or read book Contract Management written by United States. General Accounting Office and published by . This book was released on 1997 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book RAND Research Brief Improving the DoD s Defense Finance and Accounting Service written by and published by . This book was released on 2001 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt: As part of its ongoing improvement efforts, the Department of Defense (DoD) is exploring new ways to enhance the performance of its Defense Finance and Accounting Service (DFAS). Created in 1991, DFAS provides a variety of finance and accounting services, including payroll, bill payment, and budget tabulation, for the military services and other DoD entities. The establishment of DFAS has streamlined DoD finance and accounting operations by consolidating a multitude of service-specific facilities. DFAS handles an enormous volume of transactions. Virtually all of the DoD's annual budget flows through this agency. Recently, DFAS asked RAND's National Defense Research Institute (NDRI) to identify opportunities for performance improvement. The results of this research are documented in two RAND reports, Defense Working Capital Fund Pricing Policies: Insights from the Defense Finance and Accounting Service and Improving the Defense Finance and Accounting Service's Interactions with Its Customers. These studies, led by RAND economist Edward Keating, found that DFAS's performance could be improved through changes in DFAS's pricing system and in the nature of many of its transactions with customers.
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 MILSBILLS written by United States. Defense Supply Agency and published by . This book was released on 1973 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fund Code Supplement to MILSBILLS written by United States. Assistant Secretary of Defense (Comptroller) and published by . This book was released on 1992 with total page 176 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 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Defense Working Capital Fund Pricing in the Defense Finance and Accounting Service written by Edward Geoffrey Keating and published by Rand Corporation. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: RAND researchers consider the advantages and disadvantages of funding the Defense Finance and Accounting Service through a Defense Working Capital Fund versus using direct appropriations.
