Don't Let Military Accountants Do Your Taxes

g under pg under p Surfing The far side of THE Sombrero Galaxy Posts: 18,199
edited September 2016 in A Moving Train
The US Army made trillions of dollars of accounting mistakes and often did not have the receipts or invoices needed to support figures in its budget, according to a scathing Pentagon report. The audit, conducted by the Defense Department's Office of Inspector General, found that the Army erroneously made $2.8 trillion in adjustments in the third quarter of 2015 to its Army general fund - one of the main accounts used to fund the service. The error amount skyrocketed to $6.5 trillion for all of last year, the report said.

http://www.cnn.com/2016/08/23/politics/us-army-audit-accounting-errors/"]http://www.cnn.com/2...ounting-errors/

Peace
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.....song_Music & Politics....Michael Franti

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Post edited by g under p on

Comments

  • JC29856JC29856 Posts: 9,617
    g under p said:

    The US Army made trillions of dollars of accounting mistakes and often did not have the receipts or invoices needed to support figures in its budget, according to a scathing Pentagon report. The audit, conducted by the Defense Department's Office of Inspector General, found that the Army erroneously made $2.8 trillion in adjustments in the third quarter of 2015 to its Army general fund - one of the main accounts used to fund the service. The error amount skyrocketed to $6.5 trillion for all of last year, the report said.

    http://www.cnn.com/2016/08/23/politics/us-army-audit-accounting-errors/"]http://www.cnn.com/2...ounting-errors/

    Peace

    "Immaterial"
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