Hallo nereus,

The Defense Department’s Inspector General, in a June report, said the
Army made $2.8 trillion in wrongful adjustments to accounting entries in
one quarter alone in 2015, and $6.5 trillion for the year. Yet the Army
lacked receipts and invoices to support those numbers or simply made them

Dazu ein 'punktueller' Vergleich:
Peter Hartcher schreibt in seinem Buch - Bubble Man: Alan Greenspan and the Missing 7 Trillion Dollars - wie schon der Titel ausdrückt von '7 trillions', die beim 'Platzen' der 'dot-com'-Blase 'zerplatzten'.

As a result, the Army’s financial statements for 2015 were “materially
misstated,” the report concluded. The “forced” adjustments rendered
the statements useless because “DoD and Army managers could not rely on
the data in their accounting systems when making management and resource
decisions.”

Zitat: 'materially misstated' und 'could not rely'
Wo bleiben die Helferlein des IAS-Boards?

Beste Grüße

QuerDenker

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