"Pentagon's Annual Audit Fails for 6th Consecutive Year, Raising Concerns Over Financial Accountability"
TL;DR
The Pentagon has failed its annual audit for the sixth consecutive year, with auditors finding that half of the department's claimed assets could not be accounted for. The audit, which cost approximately $187 million, examined $4 trillion in assets and liabilities. The Department of Defense defended the ongoing failures as part of an ongoing process to improve financial transparency and accountability. Lawmakers have introduced the "Audit the Pentagon Act" in an effort to incentivize government spending transparency.
Topics:worldgovernment#accountability#audit#department-of-defense#financial-transparency#government#pentagon
- Pentagon fails annual audit for 6th year in a row Fox Business
- US: Pentagon's annual audit falters for 6th straight year | World DNA WION
- Pentagon fails sixth audit in a row The Hill
- Pentagon Fails Sixth Audit in a Row, Claiming “Progress Sort of Beneath the Surface” The Intercept
- With trillions at play, Pentagon fails audit for sixth year in a row Breaking Defense
- View Full Coverage on Google News
Want the full story? Read the original reporting
Read on Fox Business