Home / DoD / Is DoD Ready for Full Audit by 2017?

Is DoD Ready for Full Audit by 2017?

Photo: DoD

Is the Defense Department prepared for a full audit by 2017?

When the Pentagon released the most recent iteration of its Financial Improvement and Audit Readiness status report, a bipartisan group of senators balked, Politico reports.

“Based on the findings of today’s FIAR Plan, it appears unlikely that the Department of Defense will be able to meet that 2017 requirement,” according to a statement by a group of senators, including Sens. Thomas Carper (D-Del.) and John McCain (R-Ariz.). That deadline was mandated by a 1990 law, according to Politico’s report.

“Today’s report by the DOD’s comptroller shows that while a few small agencies within the department have reached the required financial audit level, the vast majority of the department had not,” the statement said.

Click here to read more from Politico.

Check Also

New Laboratory at NSWC Crane Focuses on Electro-Optical Technology

Naval Surface Warfare Center Crane Division is investing in electro-optical technologies for the newly launched Naval Innovative Threat Exploitation and Optical Warfare Laboratory or NITE OWL. The new laboratory is meant to help warfighters address electro-optical threats, Naval Sea Systems Command said Tuesday.

Leave a Reply

Your email address will not be published. Required fields are marked *