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Mike McCord: DoD Moving Toward Auditability Goals

1 min read
Mike McCord
Mike McCord
Mike McCord

Defense Department Comptroller Mike McCord said at a House Armed Services Committee hearing Wednesday that DoD will continue to work toward achieving a clean audit opinion, DoD News reported Thursday.

Jim Garamone writes McCord told committee members the department’s current strategy to achieve full audit accountability is a key element of Defense Secretary Ashton Carter’s reform plan.

“Combined with the successful recurring audits of other parts of the department that we’ve had for several years, about 90 percent of our [fiscal] ’15 budget was audited,” he said during the HASC meeting.

“We learned a great deal from our initial effort and will be back at it for… [fiscal] ’17.”

McCord added DoD will issue contracts for the third-party assessment of DoD financial statements in fiscal year 2018, according to the report.

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