Pentagon fails audit. Again.

| November 18, 2024 | 17 Comments

I am starting to feel like William Proxmire, who annually handed out Golden Fleeces for wasteful government spending.  Mid November, the predictable column  comes out – the Pentagon failed its audit…again. It’s not like we haven’t noticed ’em before – we even congratulated the Marines for being the first service to pass an audit in February.

Pentagon fails audit. For the fifth time straight.

DoD fails audit, sees Ukraine as ‘teachable moment’ in accountability

Congrats to the Corps!

But yeah, as a whole DoD failed its audit like Kamala taking a MENSA entrance exam.

The Pentagon failed its seventh consecutive audit on Friday as the agency was unable to fully account for its massive $824 billion budget, though officials were confident the Department of Defense “has turned a corner” in understanding its budgetary challenges going forward.

“Turned a corner” – from blissful ignorance to knowing they piss money away with no clue?

The audits resulted in a disclaimer of opinion, which means auditors were provided with insufficient information to form an accurate opinion of the accounts.

Of the Department of Defense’s (DoD) 28 reporting entities that had standalone audits, 9 received an unmodified audit opinion, 1 received a qualified opinion, 15 received disclaimers, and 3 opinions remain pending, the Pentagon said.

Translation: over half the reporting entities can’t even provide meaningful data.

Michael McCord, Under Secretary of Defense (Comptroller) and Chief Financial Officer, said the agency “has turned a corner in its understanding of the depth and breadth of its challenges.”

McCord told reporters at a briefing on Friday that he would not say that the agency “failed” as it had “about half clean opinions.”

“So if someone had a report card that is half good and half not good, I don’t know that you call the student or the report card a failure,” he said.  Fox News

Uh, Mike? Y’all have been trying to get a clean audit since 2017, and have failed. Your “half good” number of 13 out of 28 shows you can make meaningful commentary to make an opinion, not that the opinion is favorable. Think of it like this: you are manufacturing a part with hole with a tolerance of +/-  .010″.  With good data you could say you are making the part with hole tolerances of 3″… still a crap part but you would know, right? What you have, Mikey, is being unable to say whether your tolerance is .010″ or one foot. What kind of failure is that?

And just as a balm for your wounds…DoDs budget will break a trillion dollars before the Pentagon estimates they will get a decent audit in 2028.

Hat tip to Combat Sue. It was a privilege serving with you.

Category: "Teh Stoopid", "Your Tax Dollars At Work"

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