Monday, August 24, 2015

Pentagon Accounting Fail

See http://www.reuters.com/article/2013/11/18/us-usa-pentagon-waste-specialreport-idUSBRE9AH0LQ20131118

At the DFAS offices that handle accounting for the Army, Navy, Air Force and other defense agencies, fudging the accounts with false entries is standard operating procedure, Reuters has found. And plugging isn't confined to DFAS (pronounced DEE-fass). Former military service officials say record-keeping at the operational level throughout the services is rife with made-up numbers to cover lost or missing information.

See also: http://www.businessinsider.com/why-dod-cant-balance-its-book-2013-2

http://www.thefiscaltimes.com/Articles/2013/02/11/Why-the-Defense-Department-Cant-Balance-Its-Books
http://cjonline.com/blog-post/lucinda/2015-08-20/united-states-pentagon-accounting-system-joke
http://foreignpolicy.com/2015/08/03/the-pentagon-is-still-terrible-at-accounting-for-taxpayer-dollars-marine-corps-800-million-gao/
http://www.globalresearch.ca/report-reveals-8-5-trillion-missing-from-pentagon-budget-2/5453618

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