DOD CFO: Defense Department Embracing Recommendations to Improve Challenging Audit Practices
The Department of Defense's chief financial officer offered a glimpse into changes made to the fiscal 2023 audit of DOD's consolidated financial statements. Michael McCord, undersecretary of defense and DOD chief financial officer, said that the department has achieved improvements after making changes to processes in auditing its $3.8 trillion assets and $4.0 trillion […]