Sunday, November 19, 2023

Pentagon Fails 6th Annual Audit In A Row

Defense News: Pentagon fails sixth audit, with number of passing grades stagnant 

WASHINGTON — For the sixth year in a row, the Pentagon failed its annual audit. 

The result is not a surprise. The Department of Defense’s assets are vast and decentralized, amounting to $3.8 trillion alongside $4 trillion in liabilities. These are located in all 50 states and more than 4,500 sites around the world. 

 Since the Pentagon began auditing itself in 2018 — the last department to do so after Congress required the practice across the government in 1990 — it’s solved some of its easiest accounting problems. Now change each year is more incremental. 

If there’s change at all, that is — last year, auditors only rated seven of the nearly 30 sub-audits as clean. This year too there were seven.  

Read more ....  

WNU Editor: Why am I not surprised. 

Pentagon Fails 6th Annual Audit In A Row  

With trillions at play, Pentagon fails audit for sixth year in a row -- Breaking Defense 

Pentagon fails annual audit for 6th year in a row -- FOX News 

Pentagon fails sixth audit in a row -- The Hill  

Pentagon Fails Sixth Audit in a Row, Claiming “Progress Sort of Beneath the Surface” -- The Intercept  

Pentagon fails annual audit -- RT


Anonymous said...

Of course, WNU has published the latest results of the Russian MoD fiscal audit, the Chinese military fiscal audit and the fiscal audit of the Canadian armed forces.

WNU is good for that!

If WNU wanted to bitch so much about American state of affairs, he should emigrate to America and apply for a green card.

Anonymous said...

The DOD has never been successfully audited ever by any agency and over $100 billion is unaccounted for.