Department of Defense Audit Improvement Act of 2019

To amend title 10, United States Code, to modify semiannual briefings on the consolidated corrective action plan of the Department of Defense for financial management information. 1. Short title This Act may be cited as the Department of Defense Audit Improvement Act of 2019 2. Modification of semiannual briefings on the consolidated corrective action plan of the Department of Defense for financial management information (a) In general Paragraph (2) of section 240b(b) of title 10, United States Code, is amended to read as following: (2) Semiannual briefings (A) In general Not later than February 28 and September 30 each year, the Under Secretary of Defense (Comptroller) and the comptrollers of the military departments shall provide a briefing to the congressional defense committees on the status of the consolidated corrective action plan referred to in paragraph (1)(B)(i) as of the end of the most recent calendar half-year ending before such briefing. (B) Elements Each briefing under subparagraph (A) shall include the following: (i) The absolute number, and the percentage, of personnel performing the amount of auditing or audit remediation services being performed by professionals meeting the qualifications described in section 240d(b) of this title as of the last day of the calendar half-year covered by such briefing. (ii) With respect to each finding and recommendation issued in connection with the audit of the financial statements of a department, agency, component, or other element of the Department of Defense, or the Department of Defense as a whole, that was received by the Department during the calendar half-year covered by such briefing, each of the following: (I) A description of the manner in which the corrective action plan of such department, agency, component, or element and the corrective action plan of the Department as a whole, or the corrective action plan of the Department as a whole (in the case of a finding or recommendation regarding the Department as a whole), has been modified in order to incorporate such finding or recommendation into such plans or plan. (II) An identification of the processes, systems, procedures, and technologies required to implement such corrective action plans or plan, as so modified. (III) A determination of the funds required to procure, obtain, or otherwise implement each process, system, and technology identified pursuant to subclause (II). (IV) An identification the manner in which such corrective action plans or plan, as so modified, support the National Defense Strategy (NDS) of the United States. . (b) Technical amendment Paragraph (1)(B)(i) of such section is amended by striking section 253a section 240c (c) Effective date The amendment made by subsection (a) shall take effect on the date of the enactment of this Act, and shall apply with respect to calender half-years that end on or after that date.

Summary: Department of Defense Audit Improvement Act of 2019 This bill revises requirements for semiannual briefings on the status of the consolidated corrective action plans of the Department of Defense for financial information. Specifically, the bill adds the following requirements for the briefings relating to findings and recommendations in connection with auditing of financial statements: details of modifications to a corrective action plan, identificaiton of processes and systems to implement the modifications, a determination of funds required to implement the processes and systems, and an identification of how the modified corrective action plan supports the National Defense Strategy.