Related News
Pentagon鈥檚 4th failure on finances
Print Edition
The Pentagon racked up its fourth comprehensive audit failure, reflecting problems in systems and accounting as the vast bureaucracy makes 鈥渟teady progress鈥 towards a passing grade, the department鈥檚 chief financial officer said yesterday.
The legally required audit has helped sharpen the Pentagon鈥檚 systems and controls and has regularly helped the Department of Defense find misplaced inventory helping save money.
About 1,200 auditors tested the systems and record-keeping processes on weapons systems, military personnel and property around the world with 278 site visits and 1,069 virtual visits.
Eight units were expected to receive clean opinions from the auditors 鈥攖he same as last year, said Mike McCord, the Pentagon鈥檚 chief financial officer.
鈥淭he department continues to make steady progress toward achieving a favorable audit opinion,鈥 McCord said as he released the audit of more than US$3.2 trillion in assets and US$3 trillion in liabilities.
The Pentagon said: 鈥淎s the audits mature and testing expands, Department of Defense leaders expect findings to increase in number and complexity.鈥
The Department of Homeland Security took a decade to pass a comprehensive audit, and Pentagon officials have said the DoD could take just as long.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
