{"id":179271,"date":"2018-11-19T07:05:20","date_gmt":"2018-11-19T07:05:20","guid":{"rendered":"http:\/\/www.thetruthseeker.co.uk\/?p=179271"},"modified":"2018-11-22T05:23:34","modified_gmt":"2018-11-22T05:23:34","slug":"pentagon-fails-its-first-ever-audit-official-says","status":"publish","type":"post","link":"https:\/\/www.thetruthseeker.co.uk\/?p=179271","title":{"rendered":"Pentagon fails its first-ever audit, official says"},"content":{"rendered":"<h1 style=\"text-align: center;\">Idrees Ali, Mike Stone \u2013 Reuters Nov 15, 2018<\/h1>\n<p style=\"text-align: center;\"><a href=\"https:\/\/www.thetruthseeker.co.uk\/wp-content\/uploads\/2018\/11\/pentagon-money-missing.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-179273\" src=\"https:\/\/www.thetruthseeker.co.uk\/wp-content\/uploads\/2018\/11\/pentagon-money-missing.jpg\" alt=\"pentagon-money-missing\" width=\"540\" height=\"284\" srcset=\"https:\/\/www.thetruthseeker.co.uk\/wp-content\/uploads\/2018\/11\/pentagon-money-missing.jpg 800w, https:\/\/www.thetruthseeker.co.uk\/wp-content\/uploads\/2018\/11\/pentagon-money-missing-300x158.jpg 300w\" sizes=\"(max-width: 540px) 100vw, 540px\" \/><\/a><\/p>\n<p><span style=\"color: #ccffff;\">The Pentagon has failed what is being called its first-ever comprehensive audit, a senior official said on Thursday, finding U.S. Defense Department accounting discrepancies that could take years to resolve.<\/span><\/p>\n<p><span style=\"color: #ccffff;\">Results of the inspection &#8211; conducted by some 1,200 auditors and examining financial accounting on a wide range of spending including on weapons systems, military personnel and property &#8211; were expected to be completed later in the day.<\/span><\/p>\n<p><span style=\"color: #ccffff;\">\u201cWe failed the audit, but we never expected to pass it,\u201d Deputy Secretary of Defense Patrick Shanahan told reporters, adding that the findings showed the need for greater discipline in financial matters within the Pentagon.<\/span><\/p>\n<p><span style=\"color: #ccffff;\">\u201cIt was an audit on a $2.7 trillion dollar organization, so the fact that we did the audit is substantial,\u201d Shanahan added.<\/span><\/p>\n<p><span style=\"color: #ccffff;\">The U.S. defense budget for the 2018 fiscal year that ended on Sept. 30 was about $700 billion. The Pentagon is a huge agency with multiple branches of the military, costly weapons systems, large personnel needs, numerous military bases of various sizes at home and abroad and troops deployed in far-flung locales.<\/span><\/p>\n<p><span style=\"color: #ccffff;\">Shanahan said areas the Pentagon must improve upon based on the audit results include compliance with cybersecurity policies and improving inventory accuracy. In a briefing with reporters, he did not provide a figure detailing how much money was unaccounted for in the audit.<\/span><\/p>\n<p><span style=\"color: #ccffff;\">It was unclear what consequences there would be after the audit, but Shanahan said the focus would be on fixing the issues.<\/span><\/p>\n<p><span style=\"color: #ccffff;\">\u201cWe need to develop our plans to address the findings and actually put corrective actions in place,\u201d Shanahan said.<\/span><\/p>\n<p><span style=\"color: #ccffff;\">\u201cSome of the compliance issues are irritating to me. &#8230; The point of the audit is to drive better discipline in our compliance with our management systems and procedures,\u201d Shanahan added.<\/span><\/p>\n<p><span style=\"color: #ccffff;\">A 1990 federal law mandated that U.S. government agencies be audited, but the Pentagon had not faced a comprehensive audit until this one was launched in December.<\/span><\/p>\n<p><span style=\"color: #ccffff;\">Defense officials and outside experts have said it may be years before the Pentagon is able to fix its accounting gaps and errors and pass an audit.<\/span><\/p>\n<p><span style=\"color: #ccffff;\">\u201cTo clarify, the audit is not a \u2018pass-fail\u2019 process. We did not receive an \u2018adverse\u2019 finding &#8211; the lowest possible category &#8211; in any area,\u201d U.S. Army Lieutenant Colonel Joseph Buccino, a Pentagon spokesman, said in an email.<\/span><\/p>\n<p><span style=\"color: #ccffff;\">\u201cWe did receive findings of \u2018disclaimer\u2019 in multiple areas. Clearly more work lies ahead of us,\u201d Buccino added.<\/span><\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-usa-pentagon-audit\/pentagon-fails-its-first-ever-audit-official-says-idUSKCN1NK2MC\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some 1,200 auditors were involved in an audit on the $2.7 trillion dollar organisation.  <\/p>\n","protected":false},"author":39262,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[66,48],"tags":[],"class_list":["post-179271","post","type-post","status-publish","format-standard","hentry","category-Economics","category-Unreported_News"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/179271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/users\/39262"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=179271"}],"version-history":[{"count":2,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/179271\/revisions"}],"predecessor-version":[{"id":179274,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/179271\/revisions\/179274"}],"wp:attachment":[{"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=179271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=179271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetruthseeker.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=179271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}