DOD Financial Management: FY 2023 Financial Statement Audit Progress and Challenges : Government Accountability Office (GAO) , July 11 , 2024
DOD Financial Management: FY 2023 Financial Statement Audit Progress and Challenges : Government Accountability Office (GAO) , July 11 , 2024
From the document: "In fiscal year 2023, DOD reported total discretionary budget authority of $851.7 billion—about half of the federal government’s discretionary budget authority per the Office of Management and Budget—and total assets of $3.8 trillion. As stated in our April 2023 High Risk report, DOD financial management and business systems modernization face long-standing issues, including ineffective processes, systems, and controls. While DOD has made progress in addressing its financial management challenges, achieving a “clean” audit opinion on its department-wide financial statements has eluded it."
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