The Defense Department has not passed a financial audit in nearly two decades. A type of commitment rarely seen in previous years is required to pass an audit, DoD’s chief financial officer said Thursday.
“It’s important that we have somebody that’s my successor who knows something about audits and cares about the audits,” Hale said. “I won’t be able to do anything about that, and I urge you to do what you can. Sustained leadership over a couple of administrations will be required to make this happen.”
The Pentagon is targeting 2017 with its Financial Improvement Audit Readiness Plan, published in 2006 and updated May.