U.S. Marine Corps Passes Full Financial Audit

The first U.S. service branch to accomplish the feat.

The U.S. Marine Corps is the first U.S. Armed Service branch to pass its first full financial audit after a two-year review. This accomplishment, which the Department of Defense and other armed services have yet to attain, follows nearly two decades of preparation and previous unsuccessful audit attempts by the Corps.

During the audit, the Corps was thoroughly reviewed by independent auditors. Assistant Deputy Commandant for Resources, Gregory Koval, said the audit included more than 70 site visits worldwide, assessing over 7,800 real property assets, 5,900 pieces of military equipment, 1.9 million non-ammunition supplies, and 24 million items of ammunition, with detailed documentation for any discrepancies.

“It was a goal of the commandant of the Marine Corps to pass the audit because he wants to show the credibility of the Marine Corps back to the Congress and the taxpayer,” said Assistant Deputy Commandant for Programs and Resources, Ed Gardiner.

“I would like to congratulate the Department of Navy and the U.S. Marine Corps for the Marines’ achievement of a clean audit—the first of the military services,“ said Deputy Defense Secretary Kathleen Hicks. “This progress reflects both dedicated leadership attention within the Corps and teamwork across the Department of Defense. We owe the American people a clean financial bill of health. We intend to get there as soon as humanly possible, and these results bring us one step closer.“

As the Lord Leads, Pray with Us…

  • For officials in the Department of Defense as they seek to fully account for the levels of government funding appropriated by Congress.
  • For the leaders of the U.S. Armed Service branches as they work to complete their respective financial audits.

Sources: Defense News, Department of Defense


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