Cost of Auditing the US Department of Defense
November 18, 2020
And you thought that your accountant charged too much for doing your taxes. “Pentagon Fails Audit Yet Again, Could Pass around 2027, Comptroller Says” pegs the fees for the Pentagon audit in 2019-2020 at $203 million this year.
How did the audit team conduct its work?
Around 1,400 auditors tested the systems and record-keeping processes on weapons systems, military personnel and property around the world in 100 site visits, 530 virtual visits and samples. The process resulted in 24 standalone audits, comprising the overall audit.
Interesting. Not H&R Block I presume.
Stephen E Arnold, November 18, 2020
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