Sec. 1002. Additional requirements for annual report and briefing on financial improvement and audit remediation plan
196 words·~1 min read·
/bill/116/hr/2500/pcs/section-1002·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 240b(b) of title 10, United States Code, is amended— in paragraph (1)(B)(iv), by adding at the end the following new subclause: A current accounting of the defense business systems of the Department of Defense that will be introduced, replaced, updated, modified, or retired in connection with the audit of the full financial statements of the Department, including a comprehensive roadmap that displays— in-service, retirement, and other pertinent dates for affected defense business systems; current cost-to-complete estimates for each affected system; and dependencies both between the various defense business systems and between the introduction, replacement, update, modification, and retirement of such systems. ; in paragraph (2), by adding at the end the following new sentence:
Such briefing shall also include a description of any updates to the defense business systems roadmap referred to in paragraph (1)(B)(iv)(IV). ; and by amending paragraph
(3)to read as follows: 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 term defense business system has the meaning given such term in section 2222(i)(1)(A) of this title. .