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Pentagon

McCord Sees 2028 Goal To Pass Audit As ‘Achievable,’ As Pentagon Falls Short For 7th Year

By Matthew Beinart

Monday, November 18th, 2024

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McCord Sees 2028 Goal To Pass Audit As ‘Achievable,’ As Pentagon Falls Short For 7th Year

Pentagon Comptroller Mike McCord. (DoD photo by Lisa Ferdinando)

The Pentagon has fallen short passing its financial audit for the seventh consecutive year, while a lead official has said the department is showing progress on its goal to achieve a clean opinion by 2028. Mike McCord, the Pentagon’s comptroller, specifically cited the department’s incremental improvements in addressing “material weaknesses,” with several DoD entities closing or “downgrading” their fund balance with the Treasury Department and fully accounting for all funds. “This result was not a surprise and I know that…

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