The Government Accountability Office said on Wednesday it was not able to give an opinion on the Treasury Department‘s annual financial statement for the entire government. In his 6-page statement accompanying the full report,
MoreIn mid-October, Defense Secretary Leon Panetta told the House Armed Services Committee he wanted the Pentagon to be ready for an audit by 2014, three years earlier than the deadline mandated by
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The Defense Department hopes to be able to pass an audit by 2017 but has not taken effective steps to achieve that goal, according to testimony on Friday from the Government Accountability
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The General Services Administration lost another IT system because of recurring contract management issues and lack of accountability, an internal audit found. The GSA Office of Inspector General assessed the reliability of
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A Army top acquisition official said Thursday he is unaware of any instance where body armor has failed to protect a soldier against an ammunition round. The AP reports Lt. Gen Bill
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The Army improperly tested new bullet-blocking plates for body armor and cannot determine if 5 million pieces of the equipment meet standards, a Defense Department audit found. According to the AP, the
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The Defense Department has not passed a financial audit in nearly two decades. A type of commitment rarely seen in previous years is required to pass an audit, DoD’s chief financial officer
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