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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 23-33
  • Getty endowment rises to $6.2 billion for 2013

     Getty endowment rises to $6.2 billion for 2013
    This post has been updated. See below for details. With investment markets booming, the J. Paul Getty Trust, the world's richest visual art institution, saw its endowment rise to $6.2 billion during 2013, approaching its peak of $6.4 billion in mid-2007...
  • EPA and BP reach agreement on deep-water drilling bids

    WASHINGTON — The Environmental Protection Agency and BP announced Thursday an agreement that would allow the energy giant to bid once again on deep-water offshore drilling leases, reversing a government decision two years ago to bar the company from...
  • U.S. should reclassify prescription painkiller to cut rampant theft

    In his 30 years as a pharmacist, including three at a CVS Caremark store in Northern California, Wayne Wilson said it was all too common for drugstore employees to steal prescription drugs, which would often make their way to the black market. "It...
  • Audit blasts California unemployment program's costly gaffe

    SACRAMENTO — California's deficit-plagued unemployment insurance program missed out on more than half a billion dollars in federal money in recent years when state officials failed to take advantage of a new federal program. The California state...
  • Legislative committee orders audit of troubled LADWP billing system

    Legislative committee orders audit of troubled LADWP billing system
    The Los Angeles Department of Water and Power will undergo a state audit of its troubled computer billing system after a committee of state lawmakers voted Wednesday to examine what went wrong. The state audit, proposed last month by Assemblyman Raul...
  • Audit of EDD ordered over thousands of denied unemployment claims

    SACRAMENTO — State lawmakers on Wednesday ordered a formal audit of the troubled Employment Development Department and how it may have botched the handling of thousands of unemployment insurance claims. By a unanimous vote, a legislative committee...
  • Assembly poised to pass city liquor board reforms

    Assembly poised to pass city liquor board reforms
    Following a scathing audit that revealed widespread mismanagement and spotty enforcement by Baltimore's liquor board, state lawmakers are poised to approve emergency changes to reshape the troubled agency. Bills that advocates say would reform the liquor...
  • How 'welcome' are those Obamacare investigations? [Editorial]

    How 'welcome' are those Obamacare investigations?  [Editorial]
    Both Gov. Martin O'Malley and Lt. Gov. Anthony G. Brown say they welcome the federal review into Maryland's botched health insurance exchange that's coming at the request of Rep. Andy Harris. A spokesman for Mr. Brown's gubernatorial campaign said the...
  • $200,475: Independent auditors

    Editor's note: This is part of an everyday series looking at line items in state and local budgets. HAMPTON — Each summer, a team of number crunchers is invited into City Hall to work with city staff to make sure every dollar the city...
  • The watchdog at L.A. Unified

    The watchdog at L.A. Unified
    Amid allegations of overbilling, environmental hazards and spiraling costs at the Belmont Learning Center in downtown L.A. in the late 1990s, the state Legislature created a separate investigative office within the Los Angeles Unified School District. The...
  • State officials welcome federal review of health site

    State officials welcome federal review of health site
    Elected officials from both parties said Monday they welcome a pending federal review of Maryland's troubled health insurance exchange, even as they used the latest development to take swipes at one another ahead of this year's gubernatorial election....