Pentagon fails audit for sixth year in a row - eviltoast

We don’t even know where our tax money is going.

    • Neuromancer@lemm.eeM
      link
      fedilink
      arrow-up
      3
      arrow-down
      2
      ·
      1 year ago

      The government should be accountable for its spending.

      People often misunderstand the problem with the Pentagon and accounting. A good example is around 9/11 an audit failed and people thought the money was ‘missing’ That 9/11 was to hide the missing money.

      That is rubbish. The issue is they just can’t properly account for it in all the systems. Nothing was ‘missing’. they just couldn’t get it to all line up to do crappy information systems and processes.

      System A didn’t talk to system B and things had to be moved over by hand, etc. Things were not properly coded, etc.

      I fully support our military spending but the accounting for all of it is horrible.

      I also hate government accounting. It confuses the average person. They see a coffee cup for 1200 and think the coffee cup cost 1200. Instead of realizing it was assigned a value based on the total project cost. That shouldn’t be allowed either. Every item should be accounted for against it’s true cost.

        • Neuromancer@lemm.eeM
          link
          fedilink
          arrow-up
          3
          arrow-down
          2
          ·
          1 year ago

          It is incredibly ridiculous. The one thing the government should be able to do is account for the money we gave them.

          I find it ridiculous that the government wants to put regulations on corporations that they can’t even follow.