The Pentagon's efforts to audit the military departments' fiscal year 2015 finances have discovered problems with incomplete universes of transactions, weak information technology controls and insufficient support infrastructure, according to a new report. The Financial Improvement and Audit Readiness Plan Status Report notes that these three problem areas were discovered during the ongoing audits of the Army, Navy and Air Force's FY-15 general fund schedules of budgetary activity. Pentagon officials and military department leadership will be "closely monitoring" next year's...
