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Pentagon fails sixth audit in a row
The Hill ^ | 11/16 | ELLEN MITCHELL

Posted on 11/17/2023 5:38:29 AM PST by MrRelevant

Federal law since the early 1990s requires mandatory audits for all government agencies. The Pentagon didn’t begin auditing itself until 2018 and has only had incremental improvement yearly.

This time around, 1,600 auditors combed through DOD’s $3.8 trillion in assets and $4 trillion in liabilities, conducting some 700 site visits. They found that half of DOD’s assets can’t be accounted for.

(Excerpt) Read more at thehill.com ...


TOPICS: Chit/Chat
KEYWORDS: audit; pentagon; pentagonaudit
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If half of these assets are unaccounted for how can they be so certain there is no fraud? lol. God I hate governement
1 posted on 11/17/2023 5:38:29 AM PST by MrRelevant
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To: MrRelevant
They found that half of DOD’s assets can’t be accounted for.

Sold to our enemies via the State Dept., no doubt.

2 posted on 11/17/2023 5:40:30 AM PST by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
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To: MrRelevant

When I was a lowly A1C in the Air Force, I had to account for every single resistor, fuse, or transistor used.


3 posted on 11/17/2023 5:40:46 AM PST by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
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To: MrRelevant
They found that half of DOD’s assets can’t be accounted for.

That's because they aren't looking. If the IRS wants to find something on US, they will find it.

And as usual no one will be held accountable.

4 posted on 11/17/2023 5:43:56 AM PST by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: MrRelevant

Waste and abuse is much more prevalent.


5 posted on 11/17/2023 5:44:58 AM PST by occamrzr06
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To: MrRelevant

At least they’re consistent at something.


6 posted on 11/17/2023 5:46:26 AM PST by ComputerGuy (Heavily-medicated for your protection)
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To: MrRelevant

Audit schmaudit…we got wars to fight! Get out of our way!!


7 posted on 11/17/2023 5:47:18 AM PST by Jan_Sobieski (Sanctification)
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To: MrRelevant
"Federal law since the early 1990s requires mandatory audits for all government agencies."

Has ANY of them EVER passed..?

8 posted on 11/17/2023 5:49:32 AM PST by unread (I pledge allegiance to the flag of the United States of America, and to the REPUBLIC..!)
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To: MrRelevant
The Pentagon didn’t begin auditing itself until 2018...

There have been audits of the DOD prior to 2018. Not many people remember them.

Like, there was that one from September of 2001. It's kind of foggy, but some guy told us the results. I seem to recall that the next day some people did some things, taking over the news, thus obliterating the memory of that audit.

9 posted on 11/17/2023 5:52:31 AM PST by C210N (Mundus vult decipi, ergo decipiatur.)
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To: MrRelevant

Didn’t they just find 3 billion for Ukraine this summer?


10 posted on 11/17/2023 5:54:29 AM PST by Karliner (Heb 4:12 Rom 8:28 Rev 3, "...This is the end of the beginning." Churchill)
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To: MrRelevant

The USAF has been hammering on fraud, waste and abuse since I was a lieutenant in 1985. It appears it’s only gotten worse.

Colonel, USAF JAGC (Ret)


11 posted on 11/17/2023 5:56:48 AM PST by jagusafr ( )
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To: MrRelevant
"They found that half of DOD’s assets can’t be accounted for.

Sounds a bit like The Ohio department of education.. Where did all those billions go.? Most likely to Ukraine.. (?)

12 posted on 11/17/2023 5:58:28 AM PST by unread (I pledge allegiance to the flag of the United States of America, and to the REPUBLIC..!)
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To: MrRelevant

The DoD wastes massive amounts of money. You could cut the budget by 25% and still get the same output if you had smart business people managing the funds.


13 posted on 11/17/2023 6:04:52 AM PST by bigdaddy45
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To: MrRelevant

They just need a budget increase - that’ll fix it!


14 posted on 11/17/2023 6:06:32 AM PST by aMorePerfectUnion (🦅MAGADONIAN⚔️)
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To: MrRelevant

A guy I know was involved in the crash investigation of a military transport. It was, and probably still is, standard procedure to say that stuff they can’t find in the inventory was in the crashed plane. Therefore, it can be written off the books as it has been “accounted” for. At a meeting he announced he had positively determined the cause of the crash. He said, “I have here a list of all the items on board at the time of the crash with their weight in the adjacent column. As you can see, the weight of the cargo was four times the carrying weight of the plane.” He said the look on the commander’s face was pure thunder and he suffered the lightning after the meeting. But the amount of material “written off” was reduced to the carrying capacity of the plane.

Having been involved in military procurement for thirty years I can attest to how easily stuff gets “lost” even though it is not really lost. An item might be part of a larger item so the people who installed it didn’t know to account for it. Quite frequently the people at the bottom of the pile who are doing the work are being pressed and told things like, just get it working and catch up the paperwork later. But the next item on their to-do list is equally important so they never get to the paperwork. When problems like this occur it’s the fault of top-level pressure, not theft or conversion. Therefore, the books continue to call out this smaller item long after the larger item has been written off due to old age or crash or whatever. That’s just one of hundreds of ways something can disappear without any fraud or theft. The actual amount of fraud or theft is probably pretty small.


15 posted on 11/17/2023 6:07:32 AM PST by Gen.Blather (Wait! I said that out loud? )
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To: jagusafr
....spot on, Colonel...! my Air Force outfit needlessly went through thousands of rounds of various calibers of ammo at the end of one federal fiscal year because, gosh, that account had to be zeroed out before any new ammo funds would be approved....thousands of dollars of perfectly good office furniture, computer modules, desks, partitions, etc. needlessly ripped out and trashed so new stuff could be bought at the end of that fed. fiscal year to zero out that particular account....total waste of tax dollars....
16 posted on 11/17/2023 6:11:05 AM PST by TokarevM57
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To: MrRelevant

Once upon a time I worked for a government agency as a supervisor where I was held accountable for certain assets and had to sign for them. It was literally impossible for it was allowable for just about anyone to use or dispose of these assets without my knowledge. This was all done by people higher up on the ladder.

Now go to a grander scale with the DoD, and accountability is a nightmare.

I recall as a young Army recruit supply had a DX system - Direct Exchange. You need a light bulb for your room, fine, just bring in the burnt out one and get a new one free. Lose a tool or a gas mask, then you pay for it. Such accountability was on the larger scale also. Today there is practically no accountability at all.


17 posted on 11/17/2023 6:44:49 AM PST by redfreedom (Joseph Stalin: "It does not mater how anyone votes, how votes are counted is what matters.")
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To: null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; bitt; ...

P


18 posted on 11/17/2023 7:11:20 AM PST by bitt (<img src=' 'width=30%>)
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To: MrRelevant

We don’t have a government now we have a endless let’s make a deal event.

Xi much happy


19 posted on 11/17/2023 7:15:51 AM PST by Vaduz (....)
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To: MrRelevant
Give 'em a break.
They're still reeling from all the punishment for the last 5 years of failed audits.

Next year, for sure.

20 posted on 11/17/2023 7:24:03 AM PST by TangoLimaSierra (⭐⭐To the Left, The Truth is Right Wing Violence⭐⭐)
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