Defense Department Changes 2014 Audit Plan

PentagonThe Defense Department has scaled back plans to fully audit its budget by September 2014 and will instead examine nearly 77 percent of its funds through a “Schedule of Budgetary Activity,” Federal Times reported Tuesday.

Sean Reilly writes the department still faces a 2017 deadline to pass a full audit as required by the defense authorization bill passed four years ago.

Navy Commander William Urban, a Pentagon spokesperson, told Federal Times that DoD has discussed its new approach with external auditors and the Government Accountability Office to ensure everyone was on board.

Reilly reports the Pentagon’s challenges in preparing for the audit include sequestration and issues with enterprise resource planning systems.

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