In sports, as in most of life, preparation is everything. For federal agencies to achieve clean financial audits preparation can take years. A case in point is the Defense Department. It’s working hard trying to execute on a comprehensive plan to achieve audit readiness. The deadline is 2017. That’s only two fiscal years away. For an overview of the plan, Tom spoke with Margo Sheridan, director of Financial Improvement and Audit Readiness at the Pentagon.
Dennis Taitano Deputy Assistant Secretary, Financial Operations Navy
Each of the individual military services are doing their part to help the Defense Department reach audit readiness by 2017. Dennis Taitano, Deputy Assistant Secretary for Financial Operations at the Navy, spoke with Tom about how his agency is getting to that point.
The Government Accountability Office is in the final stage of developing its next strategic plan. It will detail how GAO plans to support Congress and help improve performance in the federal workspace. For highlights, Tom and Emily turned to Gene Dodaro, the U.S. Comptroller General and the head of the GAO.
Steve Herrera Associate Deputy Assistant Secretary for Financial Operations Air Force
All of the military branches have until 2017 to have their financial statements in audit-ready condition. The Marine Corps is currently ahead of the pack. For how the Air Force plans to meet the deadline, we turned to Steve Herrera, the Air Force’s associate deputy assistant secretary for financial operations. He said the Air Force is making significant progress.