Army mobilizes for first financial audit in its history
Photo Credit: C. Todd Lopez
The Army is gearing up for an audit of its "Statement of Budgetary Resources" by 2014 and an audit of all financial statements by 2017. The SBR is the statement that shows the money the Army has received in a fiscal year and outlines how it spent that money. In fiscal year 2011, for instance, the Army had more than $335 billion dollars in budgetary resources to account for.
Page last updated Wed August 29th, 2012 at 00:00