Thursday, December 22, 2011

GAO: Navy, Marines have $22 billion in accounting errors

The GAO report, requested by seven House and Senate members, found the Navy and Marines accounting system failed an audit attempt of the “Fund Balance With Treasury,” which is the equivalent of a corporate bank account statement.
http://thehill.com/blogs/defcon-hill/navy/200837-gao-navy-marines-have-22-billion-in-accounting-errors-

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