“The Pentagon’s first-ever audit discovered major flaws in how it handles IT processes and challenges with its internal tracking databases, but did not discover any major cases of fraud or abuse. The audit — long sought by Congress and good-government groups — was unveiled Thursday evening. The effort covered $2.7 trillion in DoD assets. Calling it a single audit isn’t strictly right, as the effort, led by the Department of Defense’s inspector general, in collaboration with the comptroller’s office, was actually 21 different audits done by a collection of auditing teams. Over 1,000 auditors from outside firms, as well as 150 from DoD OIG, visited over 600 DoD locations, requested over 40,000 documents, and tested over 90,000 sample items, per a department fact sheet. The effort overall is considered a ‘failed’ audit in the strict term, as only 5 of the 21 individual audits checked received a fully passing grade, with two more receiving an ok grade. But department officials were quick to note that was no expectation that the audit would be clean, given the size and scope of the project.”
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