DOD touts progress as it seeks elusive 'clean' audit

By Tony Bertuca / November 15, 2024 at 8:51 PM
The Defense Department has failed to achieve a "clean" financial audit for the seventh consecutive year, though outgoing Comptroller Mike McCord highlighted progress that has been made in accounting for the funds of all the military services. “Despite the disclaimer of opinion, which was expected, the department has turned a corner in its understanding of the depth and breadth of its challenges,” McCord told a group of reporters at the Pentagon. “Momentum is on our side,” he said, “and throughout...

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