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Friday, December 27, 2024

Sessions announces hearing on DOD's financial management practices

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U.S. Rep. James Comer representing Kentucky's 1st Congressional District | Official U.S. House headshot

U.S. Rep. James Comer representing Kentucky's 1st Congressional District | Official U.S. House headshot

The Subcommittee on Government Operations and the Federal Workforce, chaired by Pete Sessions (R-Texas), has announced a hearing titled “Tracking Progress: Examining the Department of Defense’s Financial Management Practices.” The purpose is to scrutinize the Department of Defense's (DOD) financial management practices and progress toward achieving a clean audit.

“DOD’s outdated financial management and systems have been unsatisfactory for years. These systems consistently place DOD on GAO’s high-risk list, leaving it as the only federal agency unable to achieve a clean audit opinion. As DOD works to address these problems, there are still unanswered questions about whether DOD has a feasible and comprehensive plan in place to achieve a clean audit by its estimated deadline of 2028. At this hearing, we are going to bring transparency to DOD’s financial practices and management of American taxpayer dollars, look into progress the agency has made towards achieving a clean audit, and examine metrics to properly track progress of DOD’s efforts,” said Subcommittee Chairman Sessions.

The hearing will take place on Tuesday, September 24, 2024, at 2:00 PM ET in Room 2154 of the Rayburn House Office Building.

Witnesses scheduled to testify include Mr. Tom Steffens, Special Assistant to the Comptroller at the U.S. Department of Defense; Mr. Brett A. Mansfield, Deputy Inspector General for Audit at the U.S. Department of Defense Office of the Inspector General; and Mr. Asif Khan, Director of Financial Management Assurance at the U.S. Government Accountability Office.

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