FedCFO Search Engine

@FedCFO Twitter Feed

Wednesday, November 16, 2005

www.GovExec.com - Accounting improvements underway at Pentagon (11/10/05)

The Pentagon is making progress getting its financial books in order, but senior officials said Wednesday that they still do not know when they will wrap up an audit of Defense Department spending.
It may take at least four or more years, they said.
Concerned that billions of dollars in the defense budget are squandered each year, Congress has pressed Defense officials to account for all dollars -- from health care to program development costs -- spent by DoD.

No comments:

@FedCFO