A pair of recent audits of Springfield city government found no evidence of fraud but identified several flaws in cash-handling and recordkeeping policies that could be exploited if left unaddressed.
Companies, government agencies and nonprofit organizations use auditing practices to manage compliance with internal controls. For example, an auditor looks for inconsistencies in financial records.
A University of New Orleans administrator deliberately circumvented school policy to install a $215,000 boiler under an illegal contract, and a UNO employee allegedly stole $3,600 from the athletics ...
An audit of the city Genoveva Chavez Community Center found problems in how the center manages cash, including possible indications of fraud that were detailed in a separate memorandum that the city ...
The University of New Orleans used an illegal contract to fulfill a public works project, had about $3,500 in cash stolen from the Athletic Department and failed to follow proper payroll protocol for ...
AUSTIN - The University of Texas Health Science Center at Houston drew sharp criticism Thursday from the state auditor for "significant weaknesses" in how it controls the receipt and disbursement of ...
No one likes to be the center of an audit, but small businesses that deal primarily in cash may find themselves under the IRS’ scrutiny more often than other companies. The IRS realizes that a ...
Care Not Cash, the controversial San Francisco program that provides homeless people with housing and services instead of monthly lump sums of cash, is largely a success four years after it premiered, ...
Professional auditing can turn narrative into evidence, lower the cost of capital and help protect both sides from preventable mistakes.
AUBURN (AP) – A northeastern Indiana police chief says cash and weapons are missing from his property room. Auburn Police Chief Martin McCoy says a January audit showed $2,000 in cash was missing, ...