A recent review of DOD's financial statements by the Pentagon's inspector general reveals that the IG could not verify the $63.2 billion DOD reported as environmental liabilities for fiscal year 2000 "because of insufficient controls and inadequate audit trails." As a result, these reported environmental liabilities are "unreliable," the report states. Environmental liability reporting is among a slew of deficient areas the IG identifies in a Feb. 28 report on DOD's agency-wide financial statements for FY-00. Overall, the IG was...
