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DoD makes auditability a priority, but will likely miss 2014 deadline
The Defense Department's attitude toward the importance of auditability has undergone a marked change, but experts believe compliance with its next legal deadline will be a stretch.
Tags: Rise of the Money People , DoD , audit readiness , financial management , Congress , DoD IG , Dan Blair , Tracy Porter , Grant Thornton , Jared Serbu
DoD's audit goals achievable, Congressional inquiry finds
A special House panel finds DoD's audit plan is credible, but successful implementation will depend on commitment of Defense components and future leaders.
Tags: DoD , Congress , House Armed Services Committee , management , financial management , auditability , CFO , CFO Act , Robert Hale , Adam Smith , financial improvement and readiness plan , statement of budgetary resources , Senior Executives Service , workforce , budget , Jared Serbu , DoD Report
DoD plans to tame vendor business systems
The Pentagon has set up a new subcommittee to review its processes, policies and practices for how it audits and administers contractor purchasing, billing, estimating and accounting systems. This DoD-only panel will develop recommendations and an action plan in the next six months. DCAA says about 69 of the top 100 Defense contractors have at least one deficient business system.
Tags: contracting , mngt , Shay Assad , April Stephenson , Rob Andrews , Greg Kutz , DoD , DCAA , GAO , House Armed Services Committee acquisition panel , contract audits , Billing systems , improper payments
House Armed Services sets up acquisition panel
The House Armed Services Committee today formed a panel to figure out how best to reform the Defense Department's acquisition programs and processes.
Tags: contracting , Ike Skelton , Jim McHugh , Jim Andrews , Clair McCaskill , Carl Levin , John McCain , House Armed Services Committee , Senate Homeland Security and Governmental Affairs , DoD , acquisition reform
Acquisition Panel calls for major changes at the Pentagon
There's another voice in the effort to reform the defense acquisition process. After mounting evidence the defense acquisition system was not nimble enough to respond to changing needs, not tough enough in protecting taxpayer money, and not disciplined enough in weapons systems acquisition, the House Armed Services Committee created the Defense Acquisition Reform Panel to find solutions to these problems.
Tags: technology , House Armed Services Committee , Defense Acquisition Reform Panel , PARCA , RFP
GOP installs new House Armed Services subcommittee heads
DoD Buzz reports on the party changeover within the Armed Services Committee.
Tags: DoD Report , DoD Buzz , House Armed Services Committee , Bob DeGrasse , Mike Turner , Rob Wittman , Dorobek Insider
Panel will try to fix DoD financial management
The House Armed Services Committee is following the success of its acquisition reform panel with a similar approach to Pentagon finances. Reps. Mike Conaway and Rob Andrews will, once again, lead the effort.
Tags: financial management , Rob Andrews , House Armed Services Committee , clean audit , Jason Miller
Pentagon contracting reform bill heads for full House
The House Armed Services Committee has given unanimous approval to a bill that would mandate sweeping reforms of the Pentagon's non-weapons system contracting and acquisitions programs. The bill, HR 5013, enjoys broad bi-partisan support and is being fast-tracked for a possible vote as early as next week.
Tags: newsstand , contracting , DoD , Pentagon , Robert Andrews , Ike Skelton , House Armed Services Committee , auditing , Max Cacas
House takes aim on Pentagon contracting reform
Last year, Congress passed and sent on to President Obama a bill to reform how the Pentagon acquires large weapons systems. Now, House lawmakers are back with a proposal to reform the other 80 percent of Defense Department procurement that does not have to do with weapons.
Tags: newsstand , contracting , DoD , Pentagon , Robert Andrews , Ike Skelton , House Armed Services Committee , auditing , Max Cacas
