WASHINGTON — The Pentagon once again was unable to provide auditors with all the needed financial documentation to account for the massive amounts of money that flows through its coffers every year.

The Coalition for Financial Ecosystem Standards (CFES), an industry-led organization that sets audit-ready standards that ...

WASHINGTON – The U.S. Army released the results of its financial statement audit contained within its Fiscal Year 2024 Annual Financial Report. This year, the Army downgraded six material weaknesses ...

The Marine Corps this week became the first military branch ever to pass a complete financial audit, a Defense Department official confirmed Friday, having successfully accounted for more than $46.3 ...

A state audit of New College of Florida found that officials overpaid employees and vendors and failed to collect more than $160,000 in outstanding student balances, The Tampa Bay Times reported. The ...

The U.S. Marine Corps passed a full financial audit by the Department of Defense, the military branch announced. The successful audit comes as the government’s finances face significant scrutiny from ...

Discrepancies in financial records. Inaccurate reporting of financial activities. Missing documentation to justify expenditures. An audit initially prompted by two Canyon Crest Academy seniors who ...