Here’s What the Pentagon’s First-Ever Audit Found

The Pentagon’s first-ever audit discovered major flaws in how it handles IT processes and challenges with its internal tracking databases, but did not discover any major cases of fraud or abuse.

The audit — long sought by Congress and good-government groups — was unveiled Thursday evening. The effort covered $2.7 trillion in DoD assets. Calling it a single audit isn’t strictly right, as the effort, led by the Department of Defense’s inspector general, in collaboration with the comptroller’s office, was actually 21 different audits done by a collection of auditing teams.Read More…