#audit

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from Business Insider
3 weeks ago

US Air Force wildly overpaid Boeing by almost 8,000% for C-17 aircraft bathroom soap dispensers, Pentagon watchdog finds

The Air Force overpaid for C-17 spare parts, including dispensers, by excessively high margins due to inadequate oversight.

Conn governor calls for audit of state system

Governor Lamont calls for an audit of CSCU finances due to concerns over extravagant spending by Chancellor Cheng.
#new-york
from Brooklyn Eagle
1 month ago
NYC politics

Audit reveals many housing discrimination cases were lost or mishandled

The New York State Division of Human Rights inadequately handled housing discrimination cases, resulting in lost cases and improperly investigated complaints.

State's Development agency must improve transparency on real estate sales, audit finds

ESD must improve transparency in its real estate transactions and adhere to statutory reporting requirements.

Audit reveals many housing discrimination cases were lost or mishandled

The New York State Division of Human Rights inadequately handled housing discrimination cases, resulting in lost cases and improperly investigated complaints.

State's Development agency must improve transparency on real estate sales, audit finds

ESD must improve transparency in its real estate transactions and adhere to statutory reporting requirements.
morenew-york

Oregon officials call for audit as number of noncitizens registered to vote increases

Oregon's governor calls for an audit of the voter registration system after 302 additional incorrect registrations are uncovered.

Animoca's Timeline to Go Public Would Depend on The Market's Status: Yat Siu

Animoca Brands' IPO plans hinge on market conditions and ongoing audits.

University Hospital Limerick's use of over 20m to reduce waiting lists criticised in audit report

Lack of competitive procurement processes in hospitals led to significant breaches of rules regarding €20.3m in contracts.

Former U Iowa manager charged with allegedly diverting $1M

Busch misused university resources for personal financial gain, leading to arrest and felony charges.
#pwc
from Fortune Asia
2 months ago
Privacy professionals

China bans PwC for 6 months and fines it $62 million over botched Evergrande audit

PwC has been banned in China for six months and fined over $62.2 million for failing to audit Evergrande correctly.

PwC, a 'Big 4' auditing firm, is reportedly bracing for a 6-month ban in China

PwC may face a six-month business ban in China due to negligence in its audit of Evergrande, a move that could significantly impact its operations.

China bans PwC for 6 months and fines it $62 million over botched Evergrande audit

PwC has been banned in China for six months and fined over $62.2 million for failing to audit Evergrande correctly.

PwC, a 'Big 4' auditing firm, is reportedly bracing for a 6-month ban in China

PwC may face a six-month business ban in China due to negligence in its audit of Evergrande, a move that could significantly impact its operations.
morepwc

How to Conduct a Social Media Audit (with Templates) | ClickUp

Regular social media audits are crucial for understanding performance and optimizing strategies to meet business goals.

DiNapoli: MTA Must Do a Better Job in Maintaining Cameras, Security Equipment

MTA must improve security equipment maintenance, including CCTVs, to prevent future failures.

How a $10 Fee on Your Car Insurance Bill Is Actually Spent

In New York State, a $10 annual fee is automatically added to car insurance policies to fight car theft and fraud, contributing to rising premiums.

Judge considering lawsuit against Central Health - Austin Monitor

Judge Meachum is considering arguments in a lawsuit concerning Central Health's use of taxpayer money for the University of Texas' Dell Medical School.
#homelessness

Audit: San Jose failed to adequately track $300 million in homelessness spending

San Jose struggles to track $300 million spent on homelessness, lacks clear goals, and faces inadequate transparency issues.

California spends billions on homelessness. Report casts doubt on cost-effectiveness

California lawmakers allocated billions for homelessness, but audit finds lack of expenditure evaluation.
State Auditor calls for more assessment of cost-effectiveness in California's homelessness programs.

Audit: San Jose failed to adequately track $300 million in homelessness spending

San Jose struggles to track $300 million spent on homelessness, lacks clear goals, and faces inadequate transparency issues.

California spends billions on homelessness. Report casts doubt on cost-effectiveness

California lawmakers allocated billions for homelessness, but audit finds lack of expenditure evaluation.
State Auditor calls for more assessment of cost-effectiveness in California's homelessness programs.
morehomelessness

Wisconsin is tightening remote work procedures for state employees, administration secretary says * Wisconsin Examiner

State is tightening remote work policies and documentation.
Audit found discrepancies in employees working in the office versus remote.

Former KBS Auditor Sentenced to Prison for Embezzlement

Former KBS Realty Advisors chief auditor Varun Aggarwal sentenced to 33 months in prison for embezzlement.
Aggarwal used vendors controlled by family/friends to submit fake invoices and paid $2.8 million in restitution.

LAPD slams 'highly inaccurate' audit that questioned millions spent on helicopters

The LAPD defends the value of its helicopter program against criticism
There is a discrepancy between the LAPD's and the city controller's office's views on the helicopter program

NYC taxpayers fleeced for millions on rushed, overpriced no-bid contracts for migrant services, audit finds

NYC overpaid for services for asylum seekers
Contracts lacked competitive bidding process

New York Spends Millions on Mental Health Street Teams. Do They Work?

New York City's program to treat mentally ill homeless people has not been operating effectively, according to an audit.
Fewer than a third of the people in the program regularly took their prescribed medications, and one in four never met with a psychiatrist or nurse.

Boeing needs 'heightened level of oversight,' says top U.S. aviation regulator | CBC News

The chief of the FAA has expressed concerns about the safety oversight of Boeing. The FAA is currently conducting an audit of Boeing's manufacturing practices.
The FAA is investigating issues with a Boeing 737 Max 9 jetliner that experienced an emergency door panel blow off at 4,800 meters over Oregon.

DataSnipper Secures $100 Million Series B

DataSnipper raises $100 million in Series B funding

Tether's Audit Report Reveals Over $2.8 Billion in Bitcoin Holdings

Tether, the leading stablecoin issuer, has over $2.8 billion in Bitcoin holdings.
Tether achieved a profit of $6.2 billion in 2023.

Mass Audit - eLearning

Auditing a large amount of Captivate files for key words can be time-consuming and tedious.
Using AI to scan for key words in Captivate files may not be possible due to limitations in file format.

Pride Toronto repaying over $505K after federal grant controversy | CBC News

Pride Toronto is repaying over $505,000 in grant funding after an audit found the organization could not prove completion of projects.
KPMG discovered that documentation was lacking for expenditures from 2017 to 2021.

Manchester United commitment reinforced as Sir Dave Brailsford steps back from role - report

Sir Dave Brailsford has left his role as team principal of the Ineos Grenadiers cycling team.
Brailsford has been appointed to the Manchester United board and is conducting an audit of the football operations and personnel.

Embattled SFPD contractor accused of stiffing Mission nonprofit $625K

SF SAFE is accused of withholding $625,000 for services already provided by another nonprofit.
The Latino Task Force has sent a letter to the Mayor's Office urging intervention and payment for the work completed.

Letters: Fund Ceasefire

Ceasefire, Oakland's successful gun violence reduction program, needs long-term funding.
The audit of Ceasefire revealed operational decisions that diverted resources from the program, leading to increased gun violence in Oakland.

Cap Metro conducts partial audit of methods for tracking and reporting greenhouse gas emissions - Austin Monitor

Capital Metropolitan Transportation Authority aims to achieve net zero greenhouse gas emissions by 2040.
Capital Metro partnered with University of Texas graduate students to audit its greenhouse gas emissions tracking and reporting methods.

SF Boys Chorus Auditions in SF, San Mateo, San Rafael and Oakland

Boys can sign up to audition for the San Francisco Boys Chorus
Boys in K, Pre-K do not need an audition and will be automatically accepted into the Junior music group
#remote-work

Wisconsin Republicans call for layoffs and criticize remote work policies as wasting office spaces

Wisconsin state employees are spending a significant amount of time working remotely
Some Republican lawmakers are calling for layoffs and criticizing remote work policies

Wisconsin Republicans Call for Layoffs and Criticize Remote Work Policies as Wasting Office Spaces

Republican lawmakers call for layoffs at Wisconsin agencies and criticize remote work policies.
Audit reveals that state employees spend more time working from home than in office, but remote work is seen as increasing efficiency.

Wisconsin Republicans call for layoffs and criticize remote work policies as wasting office spaces

Wisconsin state employees are spending a significant amount of time working remotely
Some Republican lawmakers are calling for layoffs and criticizing remote work policies

Wisconsin Republicans Call for Layoffs and Criticize Remote Work Policies as Wasting Office Spaces

Republican lawmakers call for layoffs at Wisconsin agencies and criticize remote work policies.
Audit reveals that state employees spend more time working from home than in office, but remote work is seen as increasing efficiency.
moreremote-work

Audit shows changes needed at Development Services Department - Austin Monitor

A recent audit found incomplete steps in the Development Services Department's planning and development processes.
The audit highlighted shortcomings in the demolition permitting process and lack of coordination with Austin Energy.

State audit says MBTA staffers lacked training, didn't complete safety checks

MBTA oversight failures led to contracted workers not completing safety checks or receiving proper training.

Audit Finds NYPD's ShotSpotter Gunshot-Detection System is Faulty

ShotSpotter alerts only identify confirmed shootings 13% of the time.

Crypto Custody Firm Fireblocks Adds 'One-Click' Audits, Tax Reporting

Fireblocks customers can easily generate audit-ready reports for digital assets through Tres integration, simplifying complex crypto and on-chain assets.
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