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Tag Archives: Defense Finance and Accounting Service

GAO: DSCA Needs to Strengthen Oversight of FMS Program Expenditures

The Government Accountability Office has recommended that the Defense Security Cooperation Agency modify its strategy for overseeing operational expenses of the Defense Department‘s foreign military sales program. GAO said Monday it found that DoD lacks data to show how the department spends on military operations such as compensating program staff and …

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DoD IG: Navy Lacks IT Strategy to Oversee Financial Mgmt Systems

The Defense Department‘s inspector general has reported that the U.S. Navy does not have an information technology strategy to oversee its financial management systems. DoD IG said Thursday auditors found that Navy personnel use financial management tools that do not meet standards for the preparation of auditable financial statements. The Navy and the Defense Finance and …

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Report: Most Furloughed Feds to Get Back Pay Next Week

Retroactive pay for most federal employees who were furloughed during the 16-day government shutdown will reflect on their Oct. 25 paycheck, GovExec reported Thursday. Kellie Lunney writes the some workers might have to wait until after that date because paycheck issuances depend on an agency’s payroll provider. The Defense Finance …

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Pentagon Accounting Office: Troops Will Get Oct 15 Paycheck

The Defense Finance and Accounting Service says all military service members will receive their salaries and allowances for the current pay period by Oct. 15, Military Times reported Tuesday. Andrew Tilghman writes DFAS started processing the mid-month payroll as the Pentagon works to interpret a federal law that guarantees military …

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Pentagon’s Accounting Agency Starting Sequestration Prep

Effective Monday, the Defense Finance and Accounting Service is implementing a hiring freeze and reducing funds for travel, training and overtime in an attempt to handle potential sequestration cuts. According to Federal Times, DFAS Director Terri McKay furloughs are also a possibility if the sequester kicks in or Congress lets …

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