The first Defense Department-wide audit covered $2.7 trillion in assets and $2.6 trillion in liabilities for fiscal year 2018, making it most likely the largest known audit of an organization in history, the DOD comptroller said recently. David L. Norquist, who is also the department’s chief financial officer, spoke about the audit Nov. 14 at a Pentagon media roundtable. The audit covered every asset in the U.S. military, including buildings, fences, storage tanks, planes, ships, tanks, computers, spare parts, invoices, purchase orders and contracts. Audit Results Five organizations received an unmodified opinion, in other words a clean opinion, meaning no discrepancies, the highest possible rating. They are: the U.S. Army Corps of Engineers – Civil Works, the Military Retirement Fund, the Defense Health Agency – Contract Resource Management, the Defense Contract Audit Agency and the Defense Finance and Accounting Services – Working Capital Fund. Two … [Read more...] about The Biggest Audit in Human History … Really?
Army audit agency
ISLAMABAD - A Supreme Court judge on Wednesday lambasted the top intelligence agency of the country for its arbitrariness, after it failed to produce a fresh report on last year’s Faizabad sit-in. Justice Qazi Faez Isa, member of a two-judge bench headed by Justice Mushir Alam, asked if Pakistan had turned into a security state. The court ordered the defence secretary and the Attorney General for Pakistan (AGP) to appear on the next hearing along with a comprehensive report –revealing the financial affairs of the protest parties and their leaders. The same day, hearing a petition demanding to make the Faizabad sit-in inquiry report public, Justice Shaukat Aziz Siddiqui of the Islamabad High Court strongly criticised the military, questioning its involvement in commercial activities. In first week of November 2017, the life of the people of the twin cities of Islamabad and Rawalpindi was disrupted for weeks by a protest of the Tehreek-e-Labbaik Ya … [Read more...] about Judges rebuke spy agency over Faizabad sit-in
1 hour ago Somalia Somalia should accelerate reforms of its army, its main foreign backers said on Wednesday after discussing slow progress in transforming the graft-ridden force into one capable of fighting al Qaeda-linked al Shabaab militants. The statement from a donor summit in Brussels urged Somalia to work faster to address problems identified in a report last year by the government, the United Nations and the African Union (AU). That report called the Somali National Army (SNA) a “fragile force with extremely weak command and control”, and comes as AU peacekeepers prepare for their departure in 2020, leaving the local military in charge of Somalia’s security. The SNA has to improve dramatically in a short amount of time as it is falling farther and farther behind schedule on achieving the benchmarks agreed to last year. The AU force began drawing down last year. It does most of the fighting against Shabaab insurgents who launch attacks in … [Read more...] about Somalia must quickly overhaul its weak army: donors
Omnicom has emerged victorious in the long, highly contested review for the Army’s marketing contract, according to the Department of Defense. WPP was the other finalist in the pitch. The news comes less than one week after the U.S. government denied a bid protest filed by incumbent McCann Worldgroup upon its elimination from the review. The winning bidder will oversee a multi-billion dollar contract managing a variety of marketing and public relations activities over 10 years. The DoD statement confirms that DDB’s Chicago office led the team that won “a $4,000,000,000 hybrid (cost, cost-plus-award-fee, cost-plus-fixed-fee, and firm-fixed-price) contract for services in support of the U.S. Army Marketing and Advertising Program.” “Work locations and funding will be determined with each order, with an estimated completion date of Nov. 18, 2028,” the release reads. After this story initially ran, an Omnicom representative confirmed that a group known … [Read more...] about Omnicom Wins 10 Year, $4 Billion Army Contract After Elimination of Incumbent McCann
A British Army campaign aimed at snowflakes, computer game geeks and selfie addicts has seen recruitment hit a five-year-high - as the boss of outsourcing giant Capita hits back at those who criticised it. The Your Army Needs You campaign, launched in January, suggested the potentially overlooked raw skills of people like gamers and daydreamers could be seen as a strength by the Army. With marketing pitched towards the Gen Z or Generation Z youngsters, the nickname of the generation who were born approximately between 1995 and 2015, as 16 to 25-year-olds are a key recruitment range. The Your Army Needs You campaign, launched in January, suggested the potentially overlooked raw skills of people like gamers and daydreamers could be seen as a strength by the Army Selfie takers are lauded as being self-confident while gamers are wanted to their drive The £1.5 million campaign showed six soldiers with labels of modern stereotypes including 'millennials' … [Read more...] about Boss of agency behind Army’s snowflake campaign hits out at critics