The documentation accompanying DoD's first-ever financial audit is tough for non-auditors to decipher. But as part of its work this year, the DoD Inspector General also released an explanation of the results in layman's language; it also pointed out what the IG believes are the six most significant material weaknesses the audit uncovered.
Carmen Malone, the Deputy Assistant Inspector General for Audit and Financial Management Readiness, talks with Jared Serbu to break down those six areas of concern.
Later in the program, Alba Aleman, the CEO of Citizant joins us to talk about how her firm survived the latest government shutdown, and what companies can do to prepare for the next one.
It's not easy for DoD contracting officers to determine whether they're getting fair and reasonable prices, particularly when they're dealing with relatively small-dollar value transactions where there is only one supplier. That's according to a new DoD IG audit, which found one supplier, Transdigm, marked up its parts by as much as 4,400 percent.
Theresa Hull, the assistant inspector general for acquisition joins us to discuss the findings and the IG's recommendations for broader reform.
Later, Capt. Matthew Friedell, project officer at the Marine Corps Advanced Manufacturing Operations Cell talks with Federal News Network's Scott Maucione about the Marines' new 24/7 help center for 3D printing.