Pentagon needs more accountants?

 DC Daily Journal:

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The Pentagon has once again flunked its annual audit, marking the seventh consecutive year the Department of Defense has failed to account for its staggering $824 billion budget.

Despite repeated promises of improvement, the nation’s largest government agency remains unable to provide transparency over how taxpayer dollars are spent.

The audit resulted in a “disclaimer of opinion,” meaning auditors were unable to verify the financial statements due to a lack of sufficient information.

This glaring failure underscores the Pentagon’s ongoing inability to meet the basic standard of accountability that every American household is expected to follow.

While Michael McCord, the Pentagon’s under secretary of Defense comptroller and chief financial officer, tried to spin the results as progress, the facts suggest otherwise.

“Momentum is on our side,” McCord claimed, adding that the department is committed to achieving a clean audit by 2028.

But such reassurances ring hollow given the Pentagon’s track record. Since becoming legally required to conduct audits in 2018, the department has yet to pass a single one.

Of the 28 Pentagon entities reviewed this year, only nine earned clean audit opinions, while 15 failed outright and three results remain pending.
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I have worked with auditors in the past who prepare financial statements for companies large and small.  I think they need the resources to deal with large institutions like the Department of Defense.  The bigger the target institution the more auditors are likely to be needed.  Even with smaller institutions the work can be overwhelming at times.