Congressman Conaway Statement on Contract Awards and House Armed Services Upcoming Audit Briefing
Yesterday, the Department of Defense announced the Schedule of Budgetary Activity (SBA) audit contract winners for the Army, Air Force, and Navy. The contracts were awarded as follows: KPMG will audit the Army; Ernst & Young will audit the Air Force; and Cotton & Company will audit the Navy. The United States Marine Corps is already under audit. The companies will begin the current year auditing work on January 1, 2015. On Tuesday, December 9th, the House Armed Services Committee will hold a full committee briefing to examine the latest DoD audit progress and review the Department’s November Financial Improvement and Audit Readiness report.
Congressman K. Michael Conaway (R-Texas) issued the following statement on the latest Department of Defense and House Armed Services Committee audit news.
“This is a big step forward in the effort to audit the department. While meeting the 2014 SBA readiness deadline in September was an achievement in itself, the start of current year auditing in January is confirmation that the DoD audit is moving forward in tangible ways. I applaud their progress and encourage them to continue the good work.
“I look forward to Tuesday’s briefing as a chance to explore the nuts and bolts of the audit work. This will be an excellent opportunity for the committee to receive a status overview and delve into the department’s strategy going forward. As I have said before, there is still much work to be done. However, now that the audit – as opposed to readiness – is beginning, it is imperative for the committee to stay involved. As the final deadline approaches, there is little room for error, and our oversight will help ensure this gargantuan task is completed on time.
“In many ways, the work begins now. The role these companies play in completing the 2015 current year audit will be pivotal for achieving the goal of a full DoD audit.”