Duncan to Hold Oversight Hearing on DHS Financial Management TOMORROW

Nov 14, 2013 Issues: Oversight of DHS Management

WASHINGTON, D.C. – The House Homeland Security Committee will hold the following subcommittee hearing tomorrow.

The hearing will examine the results of a GAO report released today entitled “DHS Financial Management: Additional Efforts Needed to Resolve Deficiencies in Internal Controls and Financial Management Systems.” The report was requested by Homeland Security Oversight and Management Efficiency Subcommittee Chairman Jeff Duncan (R-SC), in addition to Senators Tom Carper (D-DE), Tom Coburn (R-OK), and Claire McCaskill (D-MO).

FRIDAY, November 15 at 9:30 a.m.

Subcommittee on Oversight and Management Efficiency

DHS Financial Management: Investigating DHS’s Stewardship of Taxpayer Dollars

311 Cannon House Office Building

Invited Witnesses Include:

  • Mr. Chip Fulghum, Acting Chief Financial Officer, U.S. Department of Homeland Security
  • Mr. Asif Khan, Director, Financial Management and Assurance, U.S. Government Accountability Office
  • Ms. Anne Richards, Assistant Inspector General for Audits, Office of Inspector General, U.S. Department of Homeland Security

Subcommittee Chairman Jeff Duncan (R-SC) on the hearing: “Since its inception 10 years ago, the Department of Homeland Security has faced a multitude of challenges in combining 22 separate legacy agencies into one cabinet-level department. This is especially true with financial management practices at DHS. The Department’s inability to have an accurate and timely handle on its financial information remains a major management challenge. If the American people can open up their checking account online and know to the penny how much they have, then surely the third largest federal department should also have real-time financial data. DHS has a fundamental duty to be an effective steward of taxpayer dollars. Using sound financial practices is critical to ensuring taxpayer dollars aren’t wasted and the homeland is secured in an efficient and effective way.”

*LIVE video of the hearing will be available here.

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