by WorldTribune Staff, November 27, 2023 Don’t try this at the office. The Department of Defense can’t account for half of its stated assets, a team of auditors found. The result is that, for the sixth year in a row, the Pentagon has failed its audit. The DoD accounts for more than half of U.S. […]
by WorldTribune Staff, November 25, 2022 The Pentagon has acknowledged that it can only manage to fully account for 39 percent of its $3.5 trillion in assets. “We failed to get an ‘A,’ ” Mike McCord, the Pentagon’s comptroller and chief financial officer, told reporters in announcing the results of the Pentagon’s fifth-ever financial audit. […]