Army plans for clean 2028 audit in jeopardy, IG says

More discouraging news for the Pentagon’s prospects of obtaining a clean financial audit by the current 2028 deadline. A new evaluation by the Defense Department inspector general finds the department’s plan to remediate one of its key, longstanding material weaknesses, an inability to keep track of government property in the possession of contractors, doesn’t appear to be working. DoD intended to fix the problem largely by tracking the contractor-managed property in a software module within the Procurement Integrated Enterprise Environment. But according to the IG, key DoD leaders haven’t mandated the use of that module, and the military services haven’t updated their own systems to properly interface with it.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.