Generally, a disbursing officer “is an officer or employee of a federal department or agency, civilian or military, designated to disburse moneys and render accounts in accordance with laws and regulations governing the disbursement of public funds.” GAO Redbook, Vol.
What are the functions of the disbursing division?, Prepares and issues EFT payments, Provide operating guidance to MACOMs, Provide finance and accounting services at the installation level.
Furthermore, What are the departmental accountable officials responsible for?, What are Departmental Accountable Officials responsible for? Supporting the Certifying Officers with timely and accurate data, information, and/or service to ensure proper payments. In general, Certifying Officers must be U.S. citizens if their duty stations are within the United States.
Finally, Who is considered a certifying officer?, Certifying Officers include officers and employees of depository institutions including banks. These officers must verify a person’s signature using a seal and stamp if the institution is authorized to pay U.S. Savings Bonds.
Frequently Asked Question:
Who appoints a Certifying officer?
330501. The Heads of the DoD Components (or their designees) shall appoint certifying officers.
What are the responsibilities of the disbursing officer?
Disbursing officers are those who, based on this certification, issue the check or otherwise render payment to the payee.
What is the disbursing officer responsible for quizlet?
What is a Disbursing Officer responsible for? Accounting for all public funds received, maintained, disbursed, or otherwise disposed of for a particular Disbursing Station Symbol Number (DSSN).
What is a disbursing office?
The term “disbursing office” includes both tactical and nontactical disbursing activities. Each disbursing office will have a disbursing officer and should have at least one deputy position which is under the direct cognizance/control of the disbursing officer.
What is a negative disbursement?
A loan disbursement may be positive or negative. A positive disbursement results in a credit to an account, while a negative disbursement results in an account debit. A negative disbursement may occur if financial aid funds are overpaid and later withdrawn from the student’s account.
What does federal law say about the departmental accountable officials?
What does Federal law say about Departmental Accountable Officials? DoD may use them; if they are used, they only have limited pecuniary liability. What does Federal law say about Certifying Officers? DoD must use them, and they have full pecuniary liability.
What is the purpose of having accountable officials and certifying officers?
To ensure that a payment is correct, personnel who provide information to certifying officers shall provide accurate information, data and services, and be held accountable for their actions, to include possible pecuniary liability.
What is the disbursing officer responsible for?
Generally, a disbursing officer “is an officer or employee of a federal department or agency, civilian or military, designated to disburse moneys and render accounts in accordance with laws and regulations governing the disbursement of public funds.” GAO Redbook, Vol.
Are accountable Officer Pecuniarily liable?
Accountable Officers are trustees of the taxpayer and are pecuniarily liable for the physical loss or improper disbursement of the funds for which they are accountable. … Certifying Officers are one of several types of Accountable Officers.
Who can be a certifying official?
However, the Certifying Official is typically the facility owner or operator, or a designated senior management official employed by the facility such as a plant manager, environmental manager, or RMP manager.
Who are the certifying officer and their duties?
(1) Every Certifying Officer and appellate authority shall have all the powers of a civil court for the proposes of receiving evidence, administering oaths, enforcing the attendance of witnesses, and compelling the discovery and production of documents, and shall be deemed to be a civil court within the meaning of 6[ …
Who appoints a Certifying Officer?
330501. The Heads of the DoD Components (or their designees) shall appoint certifying officers.
Who is a certifying individual?
For certifications within the United States, the certifying individual must be authorized to bind his or her institution by his or her acts, to guarantee signatures to assignments of securities, or to certify assignments of securities.
How do you become a certifying officer?
In order to certify the signature outside of the United States of America, an authorized Certifying Officer must be a U.S. diplomat or consular official, a manager and officer of foreign branches of U.S. depository institutions or a Notary Public or officer authorized by a United States diplomatic or consular office …
What is used to appoint certifying officers?
Evidence showing that the erroneous payment was not the result of the Certifying Officer’s negligence. A letter is used to appoint Certifyihg Officers. A Certifying Officer’s certification attests to the legality, propriety, and correctness of a voucher for payment as defined in DoD Directive 7000.14R.
Are responsible for the performance of their duties providing certifying officers?
DAOs are responsible in the performance of their duties to provide certifying officers with information, data, or services to support the payment certification process.
How do certifying officers ensure integrity?
How do certifying officers ensure system? To ensure accuracy and legality, Certifying Officers need assurance that the automated system was designed properly and is functioning correctly. One way to ensure system integrity is through annual reviews, with interim checks when there have been major system changes.