Government Property Audits Webinar Thursday, September 10th at 2:00pm ET Sign up In recent years the Defense Industry has been seeing an increase in the frequency of both financial and property audits. This audit initiative is not surprising and has been growing in intensity for some time. But in 2020, there is clearly a [...]
Annual full financial statement Audits have become the new normal for the Defense Industry. But, in 2020 there is an increased focus on the accountability of government property in the possession of contractors. This increased emphasis is putting pressure on Defense Contractors to maintain existence and completeness of all their government property, as well as [...]
IUID Compliance Webinar on Thursday, March 5th at 2pm EST The Defense Department created the IUID Policy to establish standards for marking and labeling all military equipment. One of the key goals was to make sure that every single item in the Department of Defense had a unique ID# that was permanently attached to [...]
The current administration and the US Congress are holding the Department of Defense (DoD) accountable to achieve and sustain full audit readiness of Government property, plant, equipment, operating materiel and supplies. Watch this on-demand webinar: 2019 Audit Readiness to learn how Financial Improvement and Audit Readiness (FIAR) will impact the entire Government Property Management community [...]
2018 marked the first-ever full financial statement audit of the Department of Defense. This was a massive audit that covered more than $2.7 Trillion in US Military assets. The audit was carried out by more than 1,200 auditors in more than 900 site visits across the entire DoD. More audits on the way. If last [...]
Last month at the NPMA NES conference in Chicago, Pat Jacklets and I presented on the topic of Audit Readiness. It was such a popular session that the NPMA asked us to offer it again as an online webinar. Please sign up here for this free one hour session on Audit Readiness and the Impact [...]
2018 marks the 1st annual department-wide Audit in the history of the Defense Department. Estimates suggest that the DoD is investing approximately $350 Million to perform this audit. Comptroller, Norquist stated that by Spring of 2018, “We will have over 1,200 auditors inspecting the Department of Defense from book to floor and floor to book.” Ensuring [...]
Time is running out to be audit-ready by October 1st! FIAR is bearing down on a major audit-readiness deadline at the end of FY2017, which means the countdown is on. This October 1st FIAR Deadline will have a significant impact on all Government property managers and A2B Tracking wants you [...]
