After decades of waste, overpayments, trillions of missing or improperly accounted for dollars, and most recently losing track of 44,000 US soldiers, the Pentagon is about to undergo its first audit in history conducted by 2,400 auditors from independent public accounting firms to conduct reviews across the Army, Navy, Air Force and more - followed by annual audits going forward.
The announcement follows a May commitment by Pentagon comptroller David Norquist, who previously served as the CFO at the Department of Homeland Security when the agency performed its audit. "Starting an audit is a matter of driving change inside a bureaucracy that may resist it," Norquist told members of the Armed Services Committee at the time when pressed over whether or not he could get the job done at the DHS.
According to the DoD release:
The audit is massive. It will examine every aspect of the department from personnel to real property to weapons to supplies to bases. Some 2,400 auditors will fan out across the department to conduct it, Pentagon officials said.
"It is important that the Congress and the American people have confidence in DoD's management of every taxpayer dollar," Norquist said. -defense.gov
Finally, those of us old enough to remember the 80's, let's not forget the bombshell report on overpayments the Pentagon made for simple items, such as $37 screws, $7,622 coffee makers, and $640 toilet seats which Sen. William Roth Jr (R-DE) was able to whittle down to $200.
http://www.zerohedge.com/news/2017-12-1 ... ing-trilli
Oh dear, going to open a real can of worms with this.
44,000 missing soldiers link
http://www.zerohedge.com/news/2017-12-0 ... 0-soldiers
