The Air Force could miss its fiscal year 2014 deadline for audit readiness because upgrades to its financial systems will not be finished in time, Federal News Radio reported Thursday.Jason Miller writes current comptroller Jamie Morin, President Barack Obama’s nominee to head the Pentagon’s Cost Assessment and Program Evaluation, outlined challenges the service faces to meet that deadline and prepare for an audit.
“We’ve made some continued progress in identifying the actions we need to take in the near term with our existing legacy IT systems, our legacy financial systems, in order to give ourselves the best chance at meeting that 2014 deadline,” Morin told lawmakers Thursday during his confirmation hearing.
PwCo holds a $76 million contract to help the Air Force prepare for an audit.
A bill proposed in the Senate would bar any unauditable military service from receiving milestone B acquisition funds, according to the report.
