PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Armed Services. (text of measure as introduced: CR S6808-6809)
Congressional Research Service
Version 00 · Introduced in Senate · Jun 18, 2009
Department of Defense Financial Accountability Act of 2009 - Requires annual audits of the financial statements of the: (1) Department of Defense (DOD); (2) Department of the Army; (3) Department of the Navy; (4) Department of the Air Force; and (5) Defense Logistics Agency. Sets forth deadlines concerning the completion of such audits and the validation of such financial statements as ready for audit.
Requires validation of the financial statements of the Departments of the Army, Navy, and Air Force and the Defense Logistics Agency as ready for audit by specified deadlines with respect to: (1) military equipment; (2) real property; (3) inventory; (4) operational material and supplies; (5) environmental liabilities; and (6) the fund balance with the Treasury.
Provides for the submission of a report to specified congressional committees if DOD or a component of DOD is unable to achieve compliance with the completion date for a requirement under this Act.
Requires semiannual reports to such committees on the financial improvement audit readiness (FIAR) plan.
People & committees
Sen. McCain, John [R-AZ] · R–AZ
Legislative record
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Read twice and referred to the Committee on Armed Services. (text of measure as introduced: CR S6808-6809)
Sponsor introductory remarks on measure. (CR S6807-6808)
Introduced in Senate
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.
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