S.Amdt. 792

SA 792. Mr. JOHNSON (for himself, Mrs. Ernst, Mr. Grassley, and Mr.
Paul) submitted an amendment intended to be proposed by him to the bill
H.R. 2810, to authorize appropriations for fiscal year 2018 for
military activities of the Department of Defense, for military
construction, and for defense activities of the Department of Energy,
to prescribe military personnel strengths for such fiscal year, and for
other purposes; which was ordered to lie on the table; as follows:

At the end of subtitle A of title X, add the following:

SEC. ___. REPORT ON THE AUDIT OF THE FULL FINANCIAL
STATEMENTS OF THE DEPARTMENT OF DEFENSE.

Not later than six months after the date of the enactment
of this Act, the Secretary of Defense shall submit to
Congress a report setting forth the following:
(1) A description of the work undertaken and planned to be
undertaken by the Department of Defense, and the military
departments, Defense Agencies, and other organizations and
elements of the Department, to test and verify transaction
data pertinent to obtaining an unqualified audit of their
financial statements, including from feeder systems.
(2) A projected timeline of the Department in connection
with the audit of the full financial statements of the
Department, to be submitted to Congress annually not later
than six months after the submittal to Congress of the budget
of the President for a fiscal year, including the following:
(A) The date on which the Department projects the beginning
of an audit of the full financial statements of the
Department, and the military departments, Defense Agencies,
and other organizations and elements of the Department, for a
fiscal year.
(B) The date on which the Department projects the
completions of audits of the full financial statements of the
Department, and the military departments, Defense Agencies,
and other organizations and elements of the Department, for a
fiscal year.

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(C) Beginning with fiscal year 2019, the dates on which the
Department expects to obtain an unqualified audit opinion on
the full financial statements of the Department, the military
departments, the Defense Agencies, and other organizations
and elements of the Department for a fiscal year.
(D) The anticipated total cost of future audits as
described in subparagraphs (A) through (C).
(3) The anticipated annual costs of maintaining an
unqualified audit opinion on the full financial statements of
the Department, the military departments, the Defense
Agencies, and other organizations and elements of the
Department for a fiscal year after an unqualified audit
opinion on such full financial statements for a fiscal year
is first obtained.
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