Washington– Wednesday, the House Armed Services Committee held a hearing entitled, “Department of DefenseUpdate on the Financial Improvement and Audit Remediation (FIAR) Plan." Following the hearing, Congressman Conaway (TX-11) released the following statement:
“Full auditability of the Department of Defense (DoD) has remained a top priority for me since I came to Congress in 2005. As a CPA, I understand the importance of an organization’s accountability through a full audit. Even more important is the responsibility of a government department, funded by taxpayers, to track every dollar spent.
“It’s been a long time since I took my first meeting on DoD auditability, but I’m proud to say this hearing delivered the news that a full audit is official underway. For years, the DoD could only say they were getting ready to audit, but after dogged oversight, the DoD is now auditing and we are already seeing results after just a few months. For instance, Army leadership discovered 39 helicopters that it was previously unaware of at command level and the Air Force discovered nearly 500 structures across all its property that was unknown to command level.”
As one of the few CPAs in Congress, Rep. Conaway has made Department of Defense auditability a top priority for the last decade. You can watch the full hearing here and learn more about his efforts here.