Return to Article: Justice officials want new financial system
-
9694
Get real Congress! Of course the agencies are underfunded. Congress allowed OMB to require that every government agency report on an accrual accounting basis. This is something no one has ever done and that the auditors (GAO and IGs) know little about. This requirement caused government to spend billions on new systems that "would pass an audit". The auditors are even classifying things as systems when they are standard desk top software used to send infromation electronically. Needless to say these "system" do not comply with audit standards. Also documentation needs to be in writting and not electronic! These new standards being forced by auditors are totally against the directives to increase electronic documentation and communication and to use off the shelf software. Congress better get hold of this demon because it is costing billions of dollars for totally useless information for management of programs. We are now reporting profits based on an accrual accountings system and also have to keep the funds systems based on Congressional appropriations. This is a prime example of fraud, waste and abuse from a Congressional point of view. DoD is wasting billions to develop a system and each of the services is wasting billions for systems and when they are all final the information will be useless to anyone (except the contractors working on the systems). Furthermore, the operators do not know what to do and DoD policies are totally wrong. The finance people have not stepped up to tell the operators the specific information necessary for DoD to prepare proper financial statements! The DoD Financial Management Regulations does not tell operatoprs what is necessary and there are no policies from DoD that assure consistent information across the services. The DoD financial reports are a mix of apples and oranges.
-
9566
"Rep. John J. Duncan Jr., R-Tenn., expressed skepticism: "I get sick and tired of agencies when they foul up to say they're underfunded," he said."
I believe that the American public reflects a similar position regarding the Congress.
PROMO RIGHT: EVENTS

UPCOMING WEBINARS
NOVEMBER 18
Speed bumps for Teleworking: What are they and how to avoid them?
DECEMBER 3
Achieve Program Success: Unlock the Management Information in Your Data
DECEMBER 10
Practical Transparency: Applying Exchange Networks for Mission Results











Post a Comment
To post a comment, you must provide a name and a valid e-mail address. Messages must be limited to 400 words. By using this Service you agree not to post material that is obscene, harassing, defamatory, or otherwise objectionable. Although Government Executive does not monitor comments posted to this site (and has no obligation to), it reserves the right to delete, edit, or move any material that it deems to be in violation of this rule.