https://thehill.com/policy/defense/4992913-pentagon-fails-7th-audit-in-a-row-but-says-progress-made/
The Pentagon on Friday failed its seventh audit in a row, with the nation's largest government agency still unable to fully account for its more than $824 billion budget, though officials stress they are making good progress toward a clean audit in 2028.
The Department of Defense technically earned a disclaimer of opinion, meaning it failed to provide sufficient information to auditors to form an accurate opinion.
The goal is to earn an unmodified audit opinion, or a clean audit that says the financial statements are accurate. A qualified opinion says there are omissions and concerns but the finances are generally reliable.
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The Pentagon has never passed an audit since the agency became legally obligated to carry them out in 2018. A major challenge in auditing remains a full accounting of the sheer number of systems the Defense Department employs.
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