Sec. 1004. Amendments to Department of Defense financial audit plan

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Section 1003 of the National Defense Authorization Act for Fiscal Year 2010 ( Public Law 111–84 ; 10 U.S.C. 2222 note) is amended by striking Financial Improvement and Audit Readiness Plan each place such term appears in heading and text and inserting Financial Improvement and Audit Remediation Plan . Section 1003(a) of the National Defense Authorization Act for Fiscal Year 2014 ( Public Law 113–66 ; 10 U.S.C. 2222 note) is amended by striking Financial Improvement and Audit Readiness Plan each place such term appears in heading and text and inserting Financial Improvement and Audit Remediation Plan Subsection

(b)of section 1003 of the National Defense Authorization Act for Fiscal Year 2010 ( Public Law 111–84 ; 10 U.S.C. 2222 note) is amended to read as follows: Not later than March 31, 2019, and annually thereafter, the Under Secretary of Defense (Comptroller) shall submit to the congressional defense committees a report on the status of the implementation by the Department of Defense of the Financial Improvement and Audit Remediation Plan required by subsection (a). Each report under subparagraph

(A)shall include, at a minimum— an analysis of the consolidated corrective action plan management summary prepared pursuant to section 1002 of this Act; and current Department of Defense-wide information on the status of corrective actions plans related to critical capabilities and material weaknesses, including the standard data elements recommended in the implementation guide for Office of Management and Budget Circular A-123, for the armed forces, military departments, and Defense Agencies. Not later than March 31 and October 31 each year, the Under Secretary of Defense (Comptroller) and the Comptrollers of the military departments shall provide a briefing to the congressional defense committees on the status of the corrective action plan. In this subsection, the term critical capabilities means the critical capabilities described in the Department of Defense report titled Financial Improvement and Audit Readiness

(FIAR)Plan Status Report and dated May 2016. . The Ike Skelton National Defense Authorization Act for Fiscal Year 2011 ( Public Law 111–383 ; 10 U.S.C. 2222 note) is amended by striking section 881. The National Defense Authorization Act for Fiscal Year 2012 ( Public Law 112–81 ; 10 U.S.C. 2222 note) is amended by striking section 1003. Section 1005(b) of the National Defense Authorization Act for Fiscal Year 2013 ( Public Law 112–239 ; 10 U.S.C. 2222 note) is amended by striking paragraph (2). Subsection

(b)shall take effect December 1, 2017.

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