DoD IG to Reissue Marine Corps Audit

The Marine Corps received a clean financial audit at the end of 2013 covering 2012 from the Defense Department Inspector General. This was the first time a military service had passed the IG audit. The audit is being modified based on additional information regarding “U.S. Treasury suspense accounts that temporarily hold transactions so they do not reflect against a valid appropriation.”

Whether this information will negatively impact the audit remains to be seen, but there were Marine transactions in these suspense accounts that were not considered during the first audit. “This revelation jeopardizes what had been hailed as a great budget accomplishment for the Marine Corps and a hopeful sign for the Defense Department.” The DoD IG has said they will provide responses to the audit as soon as possible.


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