“FEDERAL NEWS NETWORK “
“The Defense Department is now onto its fourth year of full-scale financial audits. And the audit results from the first three years don’t offer a huge amount of hope that DoD is going to pass an audit anytime soon.
In the latest audit, finished last year, auditors found that DoD and the military services had managed to deal with and close out 857 negative findings from previous years. But they also found even more new issues – and there are now more than 3500 of those notices of findings and recommendations outstanding, and DoD actually has more outstanding NFRs now than it did a year ago.”
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