Pentagon fails 7th audit in a row, unable to fully account for $824B budget | 17 Nov 2024 | The Pentagon failed its seventh consecutive audit on Friday as the agency was unable to fully account for its massive $824 billion budget, though officials were confident the Department of Defense "has turned a corner" in understanding its budgetary challenges money laundering going forward. The audits resulted in a disclaimer of opinion, which means auditors were provided with insufficient information to form an accurate opinion of the accounts. Of the Department of Defense's (DoD) 28 reporting entities that had standalone audits, nine received an unmodified audit opinion, one received a qualified opinion, 15 received disclaimers, and three opinions remain pending, the Pentagon said.