Exhibit 292

Defense Primer: FY2025 Department of Defense Audit Results (IF12627)

Exhibit 292 · CRS In Focus

Defense Primer: FY2025 Department of Defense Audit Results (IF12627)

DOD received a disclaimer of opinion for the eighth time

Summarizes CFO Act requirement, GAO high-risk status since 1995, FY2025 disclaimer, entity counts (26 entity-level audits; disclaimers account for 43% of assets and at least 64% of budgetary resources), NDAA FY2024 secs. 920, 1004, 1005, FY2025 sec. 1007, FY2026 sec. 1002, and DoD-reported benefits ($4.3 billion in untracked Navy equipment).

Source: Congressional Research Service
Date: 28 April 2026
Quoted from: PDF p. 1
Grade: Primary record
Document: https://www.everycrsreport.com/files/2026-04-28_IF12627_5d29961262bb4125bc8b14826a35079b467a53f2.pdf
Accessed: 2026-11-09
Cited by: Findings citing this exhibit

Cited by

Finding DEF-3.1: Primary record The DoD Inspector General issued a disclaimer of opinion on the department-wide financial statements in each of fiscal years 2018 through 2025, eight years in a row. GAO reports that DoD is the only one of the 24 Chief Financial Officers Act agencies that has never obtained a clean opinion.
Finding DEF-3.4: Primary record In fiscal year 2025 the DoD Inspector General reported opinions on 21 reporting entities: 11 clean, 1 qualified and 9 disclaimers, up from 5 clean opinions among 21 entities in fiscal year 2018. The Congressional Research Service reports that the entities with disclaimers account for 43 percent of DoD assets.