Pentagon fails 7th audit in a row, unable to fully account for $824B budget - News Summed Up

Pentagon fails 7th audit in a row, unable to fully account for $824B budget


Of the Department of Defense’s (DoD) 28 reporting entities that had standalone audits, 9 received an unmodified audit opinion, 1 received a qualified opinion, 15 received disclaimers, and 3 opinions remain pending, the Pentagon said. (Celal Gunes/Anadolu via Getty Images, File)"Momentum is on our side, and throughout the Department there is strong commitment—and belief in our ability—to achieve an unmodified audit opinion," he said in a statement. The objective of earning an unmodified audit opinion is mandated by the National Defense Authorization Act. The Pentagon failed to achieve clean audits for the seventh year in a row on Friday. McCord emphasized in a statement that the path to a clean audit is clear.


Source: Fox News November 17, 2024 17:03 UTC



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