Sec. 1004. Reporting requirements relating to Department of Defense audits
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Chapter 9A of title 10, United States Code, is amended by adding at the end the following new section: Not later than January 30 of each year, the Secretary of Defense shall submit to the congressional defense committees a report ranking each of the military departments and Defense Agencies in order of how advanced they are in achieving auditable financial statements as required by law. In preparing the report, the Secretary shall seek to exclude information that is otherwise available in other reports to Congress.
Not later than June 30 of each year, the head of each of the military departments and Defense Agencies that were ranked in the bottom quartile of the report submitted under subsection
(a)for that year shall submit to the congressional defense committees a report that includes the following information for that military department or Defense Agency: A description of the material weaknesses of the military department or Defense Agency. The underlying causes of such weaknesses. A plan for remediating such weaknesses. . The table of sections at the beginning of such chapter is amended by adding at the end the following new item: 240g. Annual report on auditable financial statements. . Of the amounts authorized to be appropriated or otherwise made available by this Act for travel of persons for the head of a military department or Defense Agency described in subsection
(b)of section 240g of title 10, United States Code, as added by subsection (a), for fiscal year 2020, not more than 80 percent may be obligated or expended before the submittal of the report required under that subsection for that military department or Defense Agency. Not later than 90 days after the date of the enactment of this Act, the Secretary of Defense shall submit to the congressional defense committees a report containing the plan of the Secretary for achieving an unmodified audit opinion of the Department of Defense-wide consolidated audit by not later than five years after the date of the enactment of this Act. Of the amounts authorized to be appropriated or otherwise made available by this Act for Operation and Maintenance, Defense-Wide, Office of the Secretary of Defense, for Travel of Persons for fiscal year 2020, not more than 70 percent may be obligated or expended before the date on which the Secretary submits the report required under paragraph (1).