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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 111-121
  • L.A. street repair agency riddled with problems, audit finds

    L.A. street repair agency riddled with problems, audit finds
    City auditors revealed Thursday that the bureau charged with fixing and maintaining Los Angeles' streets is beset with problems that include failing to collect or spend hundreds of millions of dollars, keeping shoddy records and neglecting to address...
  • Subpoenas issued in Maryland health exchange probe

    Subpoenas issued in Maryland health exchange probe
    Federal auditors looking into Maryland's flawed health insurance exchange are subpoenaing documents as part of their probe and have sought information from the lead contractor hired by the state to build the site. North Dakota-based Noridian Healthcare...
  • Medical examiner's office breaks procurement rules, audit says

    Medical examiner's office breaks procurement rules, audit says
    A new report from legislative auditors found that the state Office of the Chief Medical Examiner purchased medical supplies without seeking competitive bids or written contracts during the three years ending in May 2014 and may not have gotten the best...
  • American Apparel reports $16.2-million loss in second quarter

    American Apparel reports $16.2-million loss in second quarter
    American Apparel Inc., bedeviled by turmoil in the executive suite, reported a larger-than-expected loss in its second quarter as the retailer struggled with flat sales and worked to secure fresh credit from borrowers. The Los Angeles retailer, which...
  • Md. agency failed to monitor placement of foster children, audit says

    Md. agency failed to monitor placement of foster children, audit says
    Some foster children were placed in the care of relatives with a history of alleged abuse or neglect because Maryland's social services agency did not properly monitor local agencies, according to a new audit. State auditors found that 16 children,...
  • State audits find prison, hospital payroll abuses

    State audits find prison, hospital payroll abuses
    Audits of a state prison and psychiatric hospital detail hundreds of thousands of dollars in improper payments and financial problems, including outright payroll fraud, and medical staff and guards receiving questionable bonuses and holiday pay, according...
  • Irvine asks judge to open firm's books

    The Irvine City Council voted unanimously Wednesday to ask for a court order compelling a powerful consulting firm to open its books as part of a forensic audit of the effort to transform a retired military base into a grand municipal park. "I don't care...
  • Amistad America Put Into Receivership

    Amistad America Put Into Receivership
    An independent receiver was appointed Thursday to take command of Amistad America Inc., the troubled nonprofit group widely criticized for its management of the replica slave ship that it has controlled since the ship's launch 14 years ago. Attorney...
  • Hampton VA Medical Center beefs up training after audit

    Hampton VA Medical Center beefs up training after audit
    — The Hampton VA Medical Center has worked to aggressively train its appointment schedulers after an internal audit showed only 50 percent of those surveyed knew the correct way to enter key information into the system. Michael Dunfee, the center'...
  • L.A. officials want to attach strings to DWP-linked nonprofit funds

    L.A. officials want to attach strings to DWP-linked nonprofit funds
    Los Angeles lawmakers want to hitch more than a dozen conditions to a planned $4-million payment to two controversial nonprofits affiliated with the Department of Water and Power, including giving city auditors "unfettered access" to their records and...
  • L.A. lawmakers vote for plan to settle gridlock on DWP trusts

    L.A. lawmakers vote for plan to settle gridlock on DWP trusts
    The Los Angeles City Council voted unanimously Wednesday to demand that city auditors get “unfettered access” to records for two controversial nonprofits affiliated with the Department of Water and Power, one of a string of conditions they...