Wednesday, February 6, 2019

DOD disclosure requirements of auditor investigations

https://www.bloomberg.com/news/articles/2019-02-04/is-your-auditor-being-investigated-new-law-may-expose-misdeeds The Defense Department will soon force accounting firms it hires to disclose investigations they face... The directive was slipped without notice into last August’s $716 billion defense bill by Rhode Island Senator Jack Reed. It could have a significant impact on the many accounting firms that bid for auditing and consulting work at the Pentagon.

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