Financial Systems

Auditors in the Hall of Heroes?

Posted by on Feb 7, 2014 in DoD Audit, DoD IG, Financial Systems | 0 comments

“It’s like pushing a heavy block across sandpaper.”  That’s what DoD Comptroller Bob Hale said yesterday in the Pentagon’s Hall of Heroes  at a ceremony celebrating a significant milestone- the USMC’s clean audit opinion on the current year Statement of Budgetary Resources.  For those in the federal financial world, that is BIG news!  In typical USMC “Out in Front” style, the Corps took on the task of being the first Service to declare audit readiness  and complete the process to prove they are ready.  It was an effort like no other seen in DoD...

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DoD IG Report to Congress

Posted by on Feb 4, 2014 in DoD IG, ERP, Financial Systems | 0 comments

The DoD Inspector General released the semi-annual required report to Congress on its activities from April through September 2013.  There are plenty of reports with bad news and some not-as-bad news (I don’t think IG reports ever are better than the not-as-bad category, hence the need for an IG, I suppose).  I focused on the the Financial Management section of the report.  The first thing I found interesting is that in the introductory narrative, while acknowledging “some” progress towards audit readiness is being made by the Department, there was no mention of the audit...

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