Return to Article: Agencies get financial reports out more quickly, but quality dips
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Defense Department could have had a clean audit opinion IF Congress would mandate it (as in no budget IF no clean audit opinion), and IF Congress would fund a new double entry financial system (such as those currently used by other Federal departments). Instead, Congress allows contractors (which provides them funds to be re-elected) to review current practices and information systems, and suggest "fixes." Overall the taxpayers lose, but the taxpayers working for those contractors get some of the "pork." The first couple of years, after the CFO Act, audits showed top executivies where the financial reporting problems were, and stated how to correct them. Since then, taxpayers have not recieved one single dollar of benefit from those audits. The CFO Act is now considered the "auditors full employment act." With or without clean opinion financial reports, top Federal executives will make good or bad financial decissions. And, many of those decissions will be made based on Congressional "recommendations," based on the influence of contractors, who in-turn support Congressional elections. Politics (driven by MONEY (where is the MONEY)), isn't it wonderful; it keeps us all employed in one way or another.
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You all went on about the departments that had no clean audits, but nothing was mentioned about the ones that did. The Forest Service has worked very hard the last three years to get and keep a clean opinion. If you will check with KPMG you will find that the Ouachita National Forest had a lead in making the deadline this year for the entire Forest Service.
Thanks for your time
Bill Dollar
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