Press Release

Conaway Response to Defense IG USMC Audit Retraction

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Washington, March 24, 2015 | comments

Washington–Congressman Mike Conaway (TX-11) released the following statement in response to the Department of Defense Inspector General retracting the U.S. Marine Corps fiscal year 2012 audit:

“These developments are the difficult part of the ugly under-belly of the audit process, and to some degree are expected. That is why I have pushed the Department of Defense to begin auditing now, rather than wait until the 2017 deadline when the Department of Defense is required to be fully audit ready. Without the Department taking the steps towards financial management, they would not have uncovered these discrepancies.

 

“There are still many questions that need to be answered  as we learn more about the nature of these transactions and their impact.  As this process moves forward, the Defense and Finance and Accounting Service (DFAS) must accept responsibility for their part in these unreconciled differences and resolve them in a timely fashion. If DFAS cannot reconcile these transactions, the services will not be able to complete their individual audits, so it follows that it is imperative that these bum transactions be fixed.

“While not preferable news, my hope is that this will help refocus the Secretary of Defense, Services, and DFAS on the importance of full auditability. This certainly is not an easy process, but it is critical that we learn from our mistakes because we cannot afford to make them again and expect to make the audit deadline.”

Congressman Conaway spoke with Federal News Radio earlier this evening on this decision. To listen to the interview, please click here.

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