DOD again misses mark on annual audit

By Tony Bertuca / November 15, 2023 at 8:26 PM
The Defense Department has for the sixth consecutive year failed to achieve a “clean” audit, citing the same number of “material weaknesses” as last year, but noting that progress continues to be addressed by the replacement of outdated software systems that make it difficult to track DOD’s $3.8 trillion in assets. “We understand that audit is ultimately kind of a pass-fail metric with the public -- and with the auditors for that matter,” Pentagon Comptroller Mike McCord told reporters Wednesday...

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