Calls Grow for Pentagon Audit

Back in February 2006, “The Pentagon’s Broken Book-keeping” discussed the depth of the problems inherent in trying to audit that organization. It’s not that the US Department of Defense fails audits. The problem is more fundamental: it is not currently possible to audit it, and any comprehensive audit would be a first-ever event in modern times. This topic can seem trivial, but the Pentagon’s accounting problems are not limited to issues of day to day functioning. They also go right to the heart of the American political system’s ability to properly evaluate and learn from procurement decisions over the long term. On June 18/09, U.S. Senators John McCain (R-AZ), Dr. Tom Coburn (R-OK), and Chuck Grassley (R-IA) introduced bill S.1287, the Department of Defense Financial Accountability Act of 2009, which sets a progressive deadlines for the Department of Defense to undergo a complete audit of its financial statements. DID offers more information about the bill, and excerpts from a special supplement to the Pentagon’s FY 2010 budget documents… Truth, or Consequences –a Franklin Spinney slide(click to view larger) As Sen. McCain noted in his floor speech introducing the bill: “This has been a problem for decades. In 1975, the Army […]