The Defense Department has awarded contracts to three independent public accounting firms to audit current-year appropriated funds -- also known as the schedule of budgetary activity (SBA) -- for all the military services, according to a DOD statement. A $13 million contract for the audit of the Army was awarded to KPMG LLP on Dec. 1. The Air Force will be audited by Ernst & Young LLP, which was awarded a $14 million contract on Dec. 2. Meanwhile Cotton &...
