No clean audit yet, but results show ‘momentum,’ DOD comptroller says
By Jen Judson
Nov 18, 2024, 12:49 PM
The Defense Department, in its seventh year conducting a full audit, has made progress toward a clean audit but has yet to pass across the board.
“This result was not a surprise and I know on the surface it doesn’t sound like we’re making progress, however that is not the case,” DOD Comptroller and Chief Financial Officer Michael McCord said in a late afternoon press briefing at the Pentagon on Nov. 15. “I believe the department has turned a corner in its understanding of the challenges and, more importantly, in addressing those challenges. Momentum is on our side.”
The Pentagon has until fiscal 2028 to obtain a clean opinion from the Inspector General as mandated by Congress.
A year ago, McCord noted, the DOD was already at the halfway mark in achieving clean opinions on sub-audits of assets. This year, the Defense Threat Reduction Agency (DTRA) received an unmodified audit opinion in only its second year of a standalone audit, he said.
https://www.defensenews.com/pentagon/2024/11/18/no-clean-audit-yet-but-results-show-momentum-dod-comptroller-says/
