Tag: government auditing

U.S. Navy Battleships

IIA Voices Support to Restore Navy Internal Audit Funding

The Institute of Internal Auditors voiced its full support of the U.S. House Armed Services Committee’s recommendation to reverse a proposal that would severely cut the U.S. Navy Audit Service’s budget and reduce its workforce from nearly 300 to 85 worldwide. The Trump administration had planned to reduce the Navy Read More

S&T Bankcard Program Deemed Risky by OIG Audit

The Office of Inspector General and Department of Homeland Security found in an audit last week that the Science and Technology Directorate failed to adequately meet all internal purchase card policies and procedures. The Government Charge Card Abuse Prevention Act of 2012 requires the OIG to conduct an annual risk Read More

Audit Presses Louisiana Corrections Department on Pandemic Spending

The Louisiana Department of Public Safety and Corrections failed to provide documentation for more than $1.6 million in federal COVID-19 aid spending, according to a recent state audit. The Louisiana Legislative Auditor, an agency tasked with providing financial accountability for public funds, examined the department’s internal handling of expense reimbursements Read More

Justice Department and SEC Investigate Lordstown Motors Corporation

The Justice Department is probing embattled electric-truck startup Lordstown Motors Corp., according to people familiar with the matter. The Securities and Exchange Commission is also looking at the company. The SEC first requested information from Lordstown Motors in February and has issued subpoenas regarding Lordstown Motors’ move last year to become Read More

State Auditor to Investigate West Virginia Fire Departments

The West Virginia State Auditor’s Office and the Logan County Prosecutor’s Office are working together to audit and investigate the financial activities of several Logan County fire departments. State Auditor John McCuskey announced the investigation in a statement this week. Logan County Prosecuting Attorney David Wandling said several of the Read More

Washington D.C.

FCC Latest to Come Under Scrutiny for Racial Equity Issues

In what appears to be a developing trend, congressional leaders have asked the Federal Communications Commission to conduct a racial diversity and equity audit. Reps. Jamaal Bowman (D-N.Y.), Yvette Clarke (D-N.Y.), and Brenna Lawrence (D-Mich.) penned a letter to the FCC requesting an assessment of whether the agency’s policies and Read More

Columbus, Ohio

Ohio Becomes Latest State to Find Unemployment Fraud with Audit

The Ohio Auditor’s office uncovered enough fraud in the state’s unemployment system to prompt a separate audit while simultaneously investigating the state agency that oversees unemployment assistance payments. To date, a total of $2 billion in fraudulent payments have been identified. A full audit report will be released in September. Read More

The Pentagon

Bipartisan Senate Group Calls for Clean Audit of Defense Department

A group of bipartisan senators continued the decades long tradition of calling for a clean financial audit from the Department of Defense. In a letter to the Pentagon’s Chief Financial Officer, Michael McCord, the senators called attention to the thousands of outstanding recommendations from internal auditors and the limited progress Read More