Pentagon fails audit for third consecutive year

By Tony Bertuca / November 16, 2020 at 9:52 PM
The Defense Department, which does not expect to pass a full financial audit for many years, has failed for the third year in row, but is making some progress, according to the Pentagon inspector general's office. The failure is technically called a "disclaimer of opinion," which means the more than 1,400 auditors who examined DOD's books were "unable to obtain sufficient appropriate audit evidence on which to base an opinion," according to the IG. Some of the auditors' work was...

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