Friday, November 22, 2013

FIRST REUTERS AND NOW McCLATCHY

The Pentagon is getting some unwanted but overdue attention over its spending & accounting problems.  McClatchy found that the fraudsters are even in the Inspector General's office:
– Outside audits by a certified public accounting firm of the Defense Finance and Accounting Service’s books turned out to be shoddy, according to the Pentagon’s own accountants, although that same CPA firm had endorsed the agency’s previous fiscal records for years.


– In reaction to the skeptical evaluations, Pentagon officials pressured their accountants to suppress their findings, then backdated documents in what appears to have been an effort to conceal the critiques.

The Defense Department’s Office of the Inspector General, which was brought in to watchdog the audit, not only helped squelch the critical work but also allowed the outside firm to be paid despite the serious questions about the quality of its work.

Read more here: http://www.mcclatchydc.com/2013/11/22/209356/pentagons-bosses-thwart-accurate.html#storylink=cpy

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