Sec. 1005. Report on progress and challenges to achieving an unqualified audit opinion
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Not later than 180 days after the date of the enactment of this Act, the Secretary of Defense shall submit to the congressional defense committees a report on the progress made by each component of the Department of Defense that has not yet received an unqualified audit opinion on the progress made and the significant outstanding challenges toward achieving an unqualified opinion. The report required under subsection
(a)shall include— a ranking of each of the components that is under standalone audit or being audited as part of the Department of Defense consolidated audit that has yet to receive an unqualified audit opinion in order of how advanced each component is in achieving an unqualified audit opinion; a detailed summary of the outstanding financial, technological, and personnel requirements to enable each component to receive an unqualified audit opinion; a detailed summary of the financial investments made during the fiscal year preceding the fiscal year during which the report is submitted in efforts to modernize the business and financial accounting systems of the Department; a status update of the implementation of the Department of the recommendations of the Comptroller General included in the report titled “DoD needs to Improve System Oversight” (GAO-23-104539); and a summary of the strategy of the Department to address shortfalls and potential future training and skills gaps in the financial accounting and oversight workforce.