When will DOD be auditable?

The GAO has been reporting for several years that the books of our military cannot be audited. Three public accounting firms tried to audit the Budgetary Schedules of all three military services for 2015. Not one could express an opinion because of a lack of sufficient evidence to support the amounts presented. They identified material weaknesses in internal control and collectively issued a total of over 700 findings and recommendations. These weaknesses included, among other things, the military services’ inability to reasonably assure that the Budgetary Schedules reflected all of the relevant financial transactions that occurred and that documentation was available to support such transactions.