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Accounting and Auditing

A collection of news and information related to Accounting and Auditing published by this site and its partners.

Top Accounting and Auditing Articles

Displaying items 100-110
  • Audit of DWP nonprofits' financial records to resume

    Audit of DWP nonprofits' financial records to resume
    An on-again, off-again audit of two controversial Los Angeles Department of Water and Power nonprofit trusts is set to resume, City Controller Ron Galperin announced Friday. At issue is how the two nonprofits, run jointly by DWP managers and leaders of...
  • Tesla stock plunges after it posts $108-million quarterly loss

    Tesla stock plunges after it posts $108-million quarterly loss
    Tesla Motors Inc. continued to report big losses as it invests heavily in factories and new models to solidify its growth. The Palo Alto electric car company reported a loss of $107.6 million in the fourth quarter, up from a loss of $16.3 million in the...
  • Note-taking dispute reportedly put audit of DWP trusts on hold

    Note-taking dispute reportedly put audit of DWP trusts on hold
    A long-awaited examination of how two controversial Los Angeles Department of Water and Power nonprofit trusts spent millions of ratepayer dollars stalled over a concern that auditors were taking too many notes, according to City Hall sources. Under a...
  • Are you a hack waiting to happen? Your boss wants to know

    Are you a hack waiting to happen? Your boss wants to know
    The next phishing email you get could be from your boss. With high-profile security breaches on the rise, from Sony Pictures to Anthem, companies are on the defensive. And they want to make sure their employees are not a hack waiting to happen. Data...
  • Some still struggle to pay back first-time home buyer credit

    Q: My son purchased a home in 2008 using the first-time home buyer credit. As required, he has been repaying $500 annually to the IRS with his return. He is now in the process of purchasing a new home with his future wife. He cannot sell his old home...
  • DWP nonprofit standoff said to center on amount of auditors' note-taking

     DWP nonprofit standoff said to center on amount of auditors' note-taking
    A long-awaited examination of how two controversial Los Angeles Department of Water and Power nonprofit trusts spent millions of ratepayer dollars stalled over a concern that auditors were taking too many notes, according to City Hall sources. Under a...
  • Wal-Mart: Abuses outlined by L.A. Times 'have no place in our supply chain'

    Wal-Mart: Abuses outlined by L.A. Times 'have no place in our supply chain'
    Wal-Mart issued the following statement describing its plans to help improve living conditions for Mexican farmworkers. The giant retailer said it was acting in response to a Los Angeles Times series, "Product of Mexico," published in December: Wal-Mart...
  • Lack of cooperation halts audit of DWP trusts, city says

    Lack of cooperation halts audit of DWP trusts, city says
    An audit heralded last year by L.A. city leaders as a breakthrough in efforts to determine what two controversial Department of Water and Power nonprofit trusts did with tens of millions of ratepayer dollars has ground to a halt, The Times has learned....
  • New auditing firm to examine East Aurora's finances

    New auditing firm to examine East Aurora's finances
    The East Aurora School Board unanimously approved hiring a new auditing firm for the first time in at least a decade, a move officials said would help usher in a new era of transparency and trust in the district's business office. For the next three...
  • $681 million in unpaid DWP bills: Audit cites botched billing system

    $681 million in unpaid DWP bills: Audit cites botched billing system
    The botched rollout of a new billing system at the Los Angeles Department of Water and Power disrupted the utility's ability to collect unpaid bills, helping to drive the total to $681 million late last year, a state audit of the system has found....
  • Treasurer of Stamford Historical Society Charged With Embezzlement

    Treasurer of Stamford Historical Society Charged With Embezzlement
    STAMFORD — The 72-year old treasurer of the Stamford Historical Society was arrested Monday on embezzlement charges after an internal audit discovered more than $20,000 in unauthorized withdrawals from the society's checking account, according to...