Good audits are critical for defense : vimarsana.com

Good audits are critical for defense


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In recent years, the Defense Department has embarked on a mission to improve the auditability and reliability of its financial management practices. This mission became even more critical amidst the public health emergency and federal government financial developments in the last year. Pentagon audit efforts deserve support, encouragement, and oversight to maximize their contribution to improving more efficiency and resource allocation decisions in the years ahead.
The federal government’s financial condition deteriorated significantly from 2015 to 2019. The deterioration further accelerated in 2020. Federal debt is rising rapidly, and the potential crowding-out effects of future debt service requirements drive some people to call that debt a national security issue.

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