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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 78-88
  • Audits: As Amistad Finances Collapsed, State Money Kept Flowing

    Audits: As Amistad Finances Collapsed, State Money Kept Flowing
    When the cash began running out at the nonprofit Amistad America Inc., officials defaulted on bank loans, skimped on bills, borrowed from employees and used state grant money as a temporary loan against other grants, a series of audits released Friday...
  • Tiger Woods, Dale Earnhardt Jr. two icons passing in night

    Tiger Woods, Dale Earnhardt Jr. two icons passing in night
    Dale Earnhardt Jr. and Tiger Woods. Famed 19th-century sportswriter Henry W. Longfellow must have been thinking ahead about them when he wrote: "Ships that pass in the night, and speak each other in passing, only a signal shown, and a distant voice in...
  • Audit says $2.1 million in L.A. school computers unaccounted for

    Audit says $2.1 million in L.A. school computers unaccounted for
    The Los Angeles Unified School District was unable to account for $2.1 million in recently purchased computers, mostly iPads, according to a recent audit performed by the school system's inspector general. District officials, however, said they found...
  • City nearly doubles review of red light camera tickets

     City nearly doubles review of red light camera tickets
    Mayor Rahm Emanuel's administration has nearly doubled to 16,000 the number of red light camera tickets now eligible for review after a Tribune investigation that found suspicious ticket spikes throughout Chicago, but city officials continue to sidestep...
  • Tribune Publishing begins new era with new leaders

    Tribune Publishing begins new era with new leaders
    On Monday, Tribune Publishing spins off from Tribune Co. and starts a new chapter as a stand-alone company. Its stock begins regular trading on the New York Stock Exchange under the symbol TPUB on Tuesday, which is also when its board of directors...
  • Morgan State warned again about problems in research program

    Morgan State warned again about problems in research program
    Morgan State University continues to have problems managing the largest federal research program in its history and has faced financial penalties from the organization that oversees the program, according to documents released this week. Mismanagement in...
  • 6,000 DWP customers still don't have up-to-date bills, executive says

    6,000 DWP customers still don't have up-to-date bills, executive says
    Nearly a year after the Los Angeles Department of Water and Power installed a faulty new computer billing system, customers are still plagued with billing issues and lengthy wait times when they call with problems, utility executives said Wednesday. ...
  • State Audit: UConn Spent $902,000 On Software Licensing Fees It Didn't Use

    State Audit: UConn Spent $902,000 On Software Licensing Fees It Didn't Use
    The University of Connecticut paid more than $900,000 in licensing fees on SciQuest software for three years, but did not use the software for most of that time, according to a state auditors' report released Wednesday. "It's glaring in the sense that...
  • Teachers' Retirement Board Must Fix Financials

    Teachers' Retirement Board Must Fix Financials
    This must have caused some teachers, especially retired teachers, to choke on their cornflakes. The state auditors released a report last week highly critical of the Teachers' Retirement Board, which oversees benefits for the state's 32,000 retired...
  • Audit finds flaws in state affordable housing spending

    Some voter-approved funds for affordable housing have been put to questionable uses, including projects that don’t fulfill the promise to voters, because of poor oversight by the California Department of Housing and Community Development (HCD), an...
  • Auditors: More Miscues Managing CT Teachers' Retirement System

    Auditors: More Miscues Managing CT Teachers' Retirement System
    The state agency that oversees benefits for 32,000 retired Connecticut teachers and their beneficiaries came under fire again Thursday from the state auditors. While Auditors Robert M. Ward and John C. Geragosian expanded concerns they raised earlier...