Lynn: DOD Committed To Auditing Its Financial Statements

By Jordana Mishory / January 26, 2011 at 7:19 PM
The Pentagon is continuing to develop a plan to ensure its financial statements can be audited, the deputy defense secretary told a House panel after the department was scolded for failing to comply with the law. Deputy Defense Secretary Bill Lynn told the House Armed Services Committee he agrees DOD needs to develop auditable financial statements and said the department is committed to getting the task completed. During the hearing, Rep. Randy Forbes (R-VA) stated that a lack of auditable...

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