Five years into DoD financial audits, progress has stalled

The Defense Department and its components are now into their fifth year of having their financial statements independently scrutinized by independent auditors. In the first few years, there were some very promising signs that DoD was on the path to eventually earning a clean opinion, as every other federal agency has already done. 

But the DoD inspector general says it’s getting more difficult to find clear signs of widespread financial improvement. 

On this week’s show, Marcus Gullett, the deputy assistant inspector general for audit, financial management and reporting, joins Jared to talk about the fiscal 2021 audit results, and what the OIG things DoD needs to do to get its financial improvement program back on track.