Principled Profit: The Good Business Blog

Musings on the world-wide movement for ethical business, frugal marketing, and how honesty, integrity, and quality combine with deep relationship building to create business success. By the originator of the Ethical Business Pledge campaign and award-winning author of Principled Profit: Marketing That Puts People First and five other books

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Sunday, September 16, 2007

DOD, DHS Flunk Audit AGAIN!

It’s been ten years since they were ordered to comply with basic accounting practices–and still, neither the Department of Defense nor the Department of Homeland Security–two of my least favorite government entities, as it turns out–can come close to passing an audit.

It’s downright embarrassing–and it has major consequences for the safety of our tax dollars.

An Associated Press review shows that the two departments’ financial records are so disorganized and inconsistent that they have repeatedly earned “disclaimer” opinions, meaning that they simply cannot be fully audited.

This is an open invitation to “waste, fraud, and abuse.” To squandering our money, in other words.

I’m old enough to remember the Reagan-era $800 toilet seats and $500 coffee makers.

Our tax dollars at work. It’s been decades.

Isn’t it time to say, enough is enough? Isn’t it time for the GAO to shut down these behemoth agencies, the same agencies that are so cavalier with our and Iraqi civil liberties, until they comply with at least the most basic standards about whee all the money is going?


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