NAVSEA Audit Readiness

This course assists with understanding the Department of the Navy’s goals, priorities, strategy, and methodology to become audit ready. This training only focuses on audits of financial statements, which are undertaken to form an independent opinion of the financial statements of the DON. This presentation does not provide detailed explanation of all aspects of a financial statement audit. Topics include: Department of the Navy (DON) Audit Background; Purpose of FIAR Plan and Internal Controls; Audit Impact on the Department of the Navy (DON); and Audit Results and Current Priorities.