
Building off its first-ever audit, the Defense Department is already into its second examination of its accounts with a focus on "inventory, information technology, and real property," David Norquist, the Pentagon’s acting deputy secretary and chief financial officer, said on Thursday. The second audit will also be “testing” findings from the first audit, which was completed last November, Norquist told the Senate Armed Services Committee during a hearing on defense posture. The second audit will be completed and delivered on…