USPS invites employees to wear pink Oct. 26

Reminder: The Postal Service is inviting employees to support Breast Cancer Awareness Month by wearing pink Oct. 26. “Wear Pink Day” aims to raise awareness of the disease, along with the Breast Cancer Research stamp, which has raised more than $83 million since its inception in 1998. Employees who participate are required to follow their…

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USPS OIG Report: Internal Controls Over Segmented Inventory – Houston Long Point Station

Background The U.S. Postal Service Office of Inspector General (OIG) uses tripwires to identify financial anomalies. Tripwires are analytic tools combining specific behaviors that provide strong indicators of improper activity. The OIG’s Perfect Count Tripwire identified that the Houston Long Point Station in Houston, TX, reported four perfect inventory counts from April 1, 2015, to…

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USPS OIG Report: Measurement of Days of Operating Cash on Hand

Background The U.S. Postal Service is an independent establishment of the executive branch. It generates its cash almost entirely by selling postal products and services. The Postal Service has reached its statutory borrowing limit of $15 billion as of September 30, 2012 and cannot borrow additional money to enhance cash flow. The Postal Service does…

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