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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
  • State auditors fault power agency's practices

    State auditors fault power agency's practices
    Big bills for alcohol, generous employee benefits and staggering business losses are some of the findings in a state audit of a little-known agency formed by Florida cities decades ago to provide them with electricity. The state Auditor General this...
  • Audit questions pay, expenses of California court administration

    Audit questions pay, expenses of California court administration
    An agency administering California’s judicial system has spent $30 million in questionable costs and high salaries for managers because of a lack of proper oversight, meaning less money for the state’s cash-strapped courts, a state audit...
  • Audit finds $30 million in 'questionable' court spending and salaries

    Audit finds $30 million in 'questionable' court spending and salaries
    California's court leaders spent $30 million over four years on "questionable" expenses and salaries, leaving less money for cash-strapped trial courts, a state audit said Wednesday. The audit, ordered by the Legislature, called on the court's statewide...
  • Amid Metrolink problems, frustrated board member quits

     Amid Metrolink problems, frustrated board member quits
    A board member for the Metrolink commuter railroad resigned this week, saying she was frustrated with the line's complicated governing structure and unwillingness to significantly improve business practices. Carolyn Cavecche, a veteran Orange County...
  • BBX Capital names Raymond S. Lopez as CFO

     BBX Capital names Raymond S. Lopez as CFO
    Fort Lauderdale-based BBX Capital Corp. has named Raymond S. Lopez chief financial officer, the company said Friday. Lopez succeeds John K. Grelle, who will retire after serving as the company’s CFO since 2012. Lopez, 39, has served as chief...
  • Municipal pensions in Pennsylvania facing combined $7.7 billion debt

    Municipal pensions in Pennsylvania facing combined $7.7 billion debt
    HARRISBURG — Carrying more than $7.7 billion in total debt, municipal pensions could lead to bankruptcies of cities, boroughs and townships across Pennsylvania, state officials warned. A rising stock market alone can't fix the debt, because many...
  • Lead-paint oversight of rental housing faulted

    Lead-paint oversight of rental housing faulted
    Maryland regulators are still having trouble keeping tabs on how many rental housing units have hazardous lead paint, state auditors have found, even as the number of homes and apartments they must oversee to protect children from lead poisoning expands...
  • 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...
  • Pasadena embarrassed by charges that employee embezzled $5 million

    Pasadena embarrassed by charges that employee embezzled $5 million
    Pastor Danny Wooten had a reputation as a rainmaker for the church he founded. He raised money to renovate a Pomona building into a home for his fledgling congregation, the New Covenant Christian Fellowship Center. One of the ways he raised funds,...