It would be interesting to see a breakdown of the sorts of issues that caused the 21 segments to fail their audits.
I was hoping to see sexy scandals like missing gold from Fort Knox that was used to bribe overseas warlords, or maybe billions of dollars that were spent on secret stealth weapons. But from skimming through, all I see is boring stuff: revised actuarial tables to more accurately determine pension liabilities? Yawn! The realization that official balance sheets had underestimated the costs of cleaning up the DOD's various environmental disasters. Guh
I like the idea of the pentagon adopting corporate financial systems. At the end of the day, the soldier will connect from the battlefield with his rugged laptop and itemise every single bullet shot in fucking SAP. Likewise the F35 pilot will do his diversity training from his cockpit since the thing is supposed to fly itself. If every army does the same, we will bring peace to the world by means of overwhelming bureaucracy.
Much better review of the internal complexities of DoD and the audit itself.
And if you’re really into this stuff, the actual report can be found here - https://comptroller.defense.gov/Portals/45/Documents/afr/fy2...