
The Pentagon's fiscal 2022 financial audit projects a four-year delay in the full and accurate accounting of F-35 parts in an Accountable Property System of Record (APSR). "The correction target date was adjusted from FY 2023 to FY 2027 due to additional time needed to develop and implement the requisite policies, procedures, and systems needed to accurately record, track, and report certain JSF [Joint Strike Fighter] assets in the financial statements," the audit said. JSF "program property are not accounted…