For the seventh year in a row, the Department of Defense (DOD) has failed its annual financial statement audit, a massive undertaking meant to ensure accountability for its $3.8 trillion in assets and $4 trillion in liabilities. Despite the setback, Pentagon officials highlighted incremental progress and reaffirmed their commitment to securing a clean audit opinion by 2028.
https://activistpost.com/2024/11/pentagon-fails-7th-audit-in-row-aims-for-clean-audit-in-2028.html
For the seventh year in a row, the Department of Defense (DOD) has failed its annual financial statement audit, a massive undertaking meant to ensure accountability for its $3.8 trillion in assets and $4 trillion in liabilities. Despite the setback, Pentagon officials highlighted incremental progress and reaffirmed their commitment to securing a clean audit opinion by 2028. https://activistpost.com/2024/11/pentagon-fails-7th-audit-in-row-aims-for-clean-audit-in-2028.html
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Pentagon Fails 7th Audit In Row, Aims For Clean Audit In 2028 - Activist Post
This year’s audit, like the six before it, exposed persistent challenges in the DOD’s financial management systems.
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