Is extremely rare. But friends dont have to be. When youre connected, youre not alone. A house Veterans Affairsn. Subcommittee hears testimony about efforts to improve the va Financial Management. Officials from the Veterans Affairs department spoke specifically about the agencys Financial Management Business Transformation Program which is the third attempt to modernize its financial and Accounting Systems good afternoon. The subcommittee will come to order. We are here to review the progress in the Financial Management Business Transformation Program with efm bt, the vas third attempt toie modernize the hodgepodge of aging and adequate financial and Accounting Systems. The systems are a serious problem. Every year the va barely manages to pay the Financial Statement audit with a clean opinion despitefi carrying the same Material Weaknesses and deficiencies. At the same time the departments Spending Continues to be much similar to the wild west. Its been nearly ten years since the for
The committee will come to order. The Committee Welcomes mr. David norquist comptroller 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 Office of 1990 required all federal departments conducted annual financial audit and partly out of frustration with a lack of progress toward that end that 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 been enabled us to arrive at this point. The 2014 required a full audit be conducted of the departments fy 18 Financial Stateme
Committee on the fullscale audit that began last month. The hearing runs one hour and 45 minutes. The committee will come to order. David norquest as our witness today. The topic is the audit of the department of defense which by law begins this fiscal year. I 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 addition
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