Tag: government auditing

NYC Audit Uncovers $1.4 Billion in Unpaid Fines

An audit conducted by the New York City Department of Investigation (DOI) uncovered $1.4 billion in unpaid fines, Gothamist reports. This includes $782 million in fines issued by the city’s Environmental Control Board for infractions such as uncleaned streets, health and building code violations, and illegal street vending, water disposal, Read More

Medicaid Payments

NY Auditors Find $700m in Misplaced Medicaid Spending

New York state auditors uncovered $700 million in “improper” and “questionable” spending by Medicaid during fiscal year 2019, the New York Post reports, including $605 million in overpayments for prescription drugs dispensed by managed-care companies under contract with the NY Department of Health. An additional $12 million was spent on Read More

cash

Audit Finds Weak Oversight At St. Louis City Council Led To Abuses By Official

An audit report found that weak oversight by the St. Louis city council and then-city auditor led to abuses by former-county executive Steven Stenger, who pleaded guilty to three federal counts of pay-to-play schemes that cost taxpayers between $250,000 and $550,000. The audit, conducted by Missouri Auditor Nicole Galloway’s office, Read More

audit

Audit Reveals Weak Accounting Practices at Detroit Land Bank Authority

An audit of Detroit’s Land Bank Authority uncovered troubling accounting practices and weak internal controls. An examination of four years’ worth of financial statements, several bank accounts, and general ledgers from 2014 to 2019 found lack of reporting and irregular transactions. The land bank had strengthened financial reporting in 2015 Read More

NCDOT internal audit problems

Watchdog Slams Internal Audit at N.C. Transportation Dept.

A North Carolina watchdog agency recently issued a scathing report on the internal audit program at the state’s Department of Transportation (NCDOT). During an evaluation, inspectors found that the department “has not maintained a robust and viable internal audit effort,” leading to budget and cash flow problems at the department. Read More

U.K. Watchdog Gets “Adequate” Rating on Compliance

The Information Commissioner’s Office, the U.K.’s data watchdog, got a rating of “adequate” from an internal audit as the agency faces uncertainty regarding enforcement because of Brexit and COVID-19. The Coronavirus Crisis has disrupted the body’s work and the organization had announced that it will take a more relaxed approach Read More