Auditability: An Analysis of the DoN’s Financial Systematic Issues

Abstract

The purpose of this research is to identify financial systematic issues surrounding the DoN’s lack of auditability and its inability to obtain an unqualified opinion. Issues related to financial system frameworks in order to be audit-ready are explored. This research study explores and further analyzes possible reasons the DoN failed the audit, using the process and internal controls components of the auditability triangle. Audit reports, DoN financial reports, accounting error reports, subject matter expert interviews, and reported financial systematic issues that contribute to audit issues are reviewed.