The committee will come to order. The Committee Welcomes david norquists as our witness today. The topic is the audit of the department of defense, which by law begins this fiscal year. Will just say it is not by accident that the committee will start our year on this topic. Been ang the audit has bipartisan priority for some time. The act of 1990 required all federal departments conduct an audit. The 2010 and eaa required that the the departments be ready for audit by 2017. This panel on defense Financial Management and reform put scrutiny on the departments efforts and issued a number of recommendations that enabled us to arrive at this point. Eaa ndaa results are to be delivered next year. I want to commend chairman conaway for his expertise and persistence on this issue as well as mr. Courtney who was also a member of the audit panel several years ago. They will both be glad to know that we have had additional members join the committee in recent years who can contribute their back
The committee will come to order. The Committee Welcomes mr. David norquist, the undersecretary of defense, comptroller, and chief Financial Officer as our witness today. The topic is the audit of the department of defense, which by law begins this fiscal year. And i would just say its not by accident that the committee will start our year on this topic. Requiring that the Department Conduct an audit has been a bipartisan priority of this committee for some time. The chief Financial Officer act of 1990 required all federal departments conduct an annual financial audit and partly out of frustration with a lack of progress toward that end at the department of defense, the 2010 required the Financial Statements of the department be ready for audit by september 30, 2017. This committees panel on defense Financial Management and reform put close scrutiny on the departments efforts and issued a number of recommendations that have enabled us to arrive at this point. The 2014 ndea required a f
Defense department testified on the management of the departments annual budget of 600 billion. And why he thinks its important to conduct and audit. This is an hour and 45 minutes. O order. We welcome the committee will come to order. The Committee Welcomes mr. David norquist, undersecretary of defense and comptroller as our witness today. The topic is the audit of the department of defense which by law begins this fiscal year. I would say its not by accident the committee would start our year on this topic. Requiring the Department Conduct an audit has been a bipartisan requirement of this committee for some time. From 1990 it required all federal departments conduct a financial audit and partly with frustration of the lack of that in 2010 they required the audits be ready by 2017. They put close scrutiny on the departments efforts and issued a number of recommendations to allow us to arrive at this point. The 2014 required an audit be required of the departments fy 18 Financial Stat
Departments annual budget of 600 billion. And why he thinks its important to conduct and audit. This is an hour and 45 minutes. O order. We welcome the committee will come to order. The Committee Welcomes mr. David norquist, undersecretary of defense and comptroller as our witness today. The topic is the audit of the department of defense which by law begins this fiscal year. I would say its not by accident the committee would start our year on this topic. Requiring the Department Conduct an audit has been a bipartisan requirement of this committee for some time. From 1990 it required all federal departments conduct a financial audit and partly with frustration of the lack of that in 2010 they required the audits be ready by 2017. They put close scrutiny on the departments efforts and issued a number of recommendations to allow us to arrive at this point. The 2014 required an audit be required of the departments fy 18 Financial Statements the results of list are to be delivered next ye
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