2018: The Year of the DoD Audit

It’s finally here: 2018. That means many of different things to many different people and for the Department of Defense (DoD), that means it’s time for the full financial audit. The Chief Financial Officers (CFO) Act of 1990, signed into law by President George H.W. Bush, is a U.S. law intended to improve the government's financial management practices. Since then, DoD has worked tirelessly to try to refine their business processes, internal controls, and accountability to support its financial statements.

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