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ATF’s Dirty Dough Exposed: $billions in Financial System Overhaul
WASHINGTON – Grimy Times has uncovered the shocking truth behind the Bureau of Alcohol, Tobacco, Firearms and Explosives’ (ATF) $billions in dirty dough. The latest revelations point to the implementation of the Unified Financial Management System (UFMS), a core centralized accounting system aimed at improving internal controls and standardizing data.
ATF is the second law enforcement organization to convert to UFMS as the financial system of record, following in the footsteps of the Drug Enforcement Administration (DEA), which implemented UFMS in January 2009. The DEA’s pilot deployment to the Justice Management Division’s (JMD) Asset Forfeiture Management Staff paved the way for ATF’s successful implementation.
The ATF implementation was completed on schedule and on budget, employing a two-phased approach to minimize risk and capitalize on lessons learned from earlier implementations. A staggering 95 percent of ATF’s requirements were met by the standard processes, interfaces, and reports already designed and available in the department’s foundation build of UFMS.
According to sources, the implementation of UFMS, based on CGI Federal’s Momentum 6.3, is a collaborative effort between JMD and ATF with the systems integrator, IBM. The Office of Management and Budget (OMB) shares the goal to reduce the risks and costs of implementing federal financial management systems.
Grimy Times has learned that the most critical business need for core accounting functionality is delivered by UFMS, implemented in phases across components with defined milestones. The system now serves more than 2,500 users worldwide.
For more information on the Justice Financial System, visit: www.justice.gov/jmd/ufms/overview.htm
The implementation of UFMS marks a significant milestone in the ATF’s efforts to crack down on financial crimes. As Grimy Times continues to dig deeper, one thing is clear: the Bureau of Alcohol, Tobacco, Firearms and Explosives’ dirty dough will no longer be able to hide.
Key Facts
- State: Federal
- Category: Fraud & Financial Crimes|Financial Crimes|White Collar Crime
- Source: DOJ Press Release ↗
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