IRS audit targets incoming Secretary of Defense Pete Hegseth days before Biden leaves office
WASHINGTON — The Internal Revenue Service has launched a federal tax audit of Pete Hegseth, the incoming Secretary of Defense, and his wife, Jennifer Hegseth, just days before the Biden administration leaves…
California Has No Idea How Much Its Homeless Programs Are Costing, Audit Finds
California lacks information on the costs or efficacy of its homelessness programs, despite allocating billions of dollars to them, a report released by the state auditor’s office on Tuesday found. California Interagency…
Brazil unlikely to meet 2024 fiscal goals, audit court says
BRASILIA (Reuters) – Brazil should end 2024 with a primary deficit of 55.3 billion reais ($11.2 billion), the federal audit court (TCU) said, in the latest sign of skepticism that President Luiz…
India orders safety audit of tunnels after collapse in Himalayas
By Manoj Kumar NEW DELHI (Reuters) – The National Highways Authority of India (NHAI) will carry out a safety audit of more than two dozen tunnels it is building after one such…
Pentagon fails audit for sixth year in a row
By Mike Stone WASHINGTON (Reuters) – The Pentagon failed an independent audit of its accounting systems for the sixth consecutive year, a Pentagon official said Wednesday. “Things are showing progress, but it’s…
Testa Urges Murphy to Order Performance Audit & State Oversight for French Arts Museum Project in Jersey City
Sen. Michael Testa urged Gov. Phil Murphy to order a performance audit and State oversight to control costs related to the development of a French arts museum in Jersey City.…
Volkswagen convinced Xinjiang audit will provide insight on human rights situation
BERLIN (Reuters) – Volkswagen said it remained intent on commissioning an independent audit of its Xinjiang plant in China and was convinced that doing so would provide valuable insight, after some investors…
VW investors question how Xinjiang plant audit will be run
By Victoria Waldersee BERLIN (Reuters) – While investors welcomed Volkswagen’s decision to audit its jointly-owned plant in Xinjiang, China, some are questioning how it will be run and whether it is enough…
Volkswagen in talks with JV partner on audit of Xinjiang plant
(Reuters) -Volkswagen is in talks with its joint venture partner SAIC about whether to conduct an independent audit of its plant in Xinjiang, China, the company confirmed on Tuesday. The comment comes…
EXCLUSIVE: Audit Reveals ‘Improper Payments’ From Feds Ballooned To Over Half A Trillion Dollars Under Biden
EXCLUSIVE: Audit Reveals ‘Improper Payments’ From Feds Ballooned To Over Half A Trillion Dollars Under Biden Will Kessler on June 13, 2023 The Biden administration wasted over half a trillion dollars in…
Cereal Giant’s Shareholders Reject Proposal For Audit Of ‘Equity’ Policies Despite Discrimination Complaints
Cereal Giant’s Shareholders Reject Proposal For Audit Of ‘Equity’ Policies Despite Discrimination Complaints Jason Cohen on April 28, 2023 Kellogg’s shareholders rejected a proposal to commission an audit of its equity policies…
KPMG fined 875,000 pounds for failures in Luceco audit
By Huw Jones LONDON (Reuters) – KPMG has been fined 875,000 pounds ($1.09 million) for its audit of lighting manufacturer Luceco for its financial year to Dec. 31, 2016, Britain’s accounting watchdog…
Rio Tinto has more work to do, cultural heritage audit finds
MELBOURNE (Reuters) – Rio Tinto has more work to do to protect Indigenous cultural heritage at its mines around the world, according to an independent audit of its practices, the world’s biggest…
US regulators to visit Hong Kong for fresh round of audit inspections – sources
By Xie Yu and Selena Li HONG KONG (Reuters) – Officials from the U.S. audit watchdog will start a new round of inspections in Hong Kong on Chinese companies’ auditors as soon…
Apple Investors Reject Shareholder Proposal To Audit ‘Inclusion’ And ‘Diversity’ Policies
Apple Investors Reject Shareholder Proposal To Audit ‘Inclusion’ And ‘Diversity’ Policies Jason Cohen on March 10, 2023 Apple’s shareholders rejected a proposal by the National Center for Public Policy Research (NCPPR) at…
University Reported Massive Increase In Trans-Identifying Students, Sex Change Treatments In Response To DeSantis Audit
University Reported Massive Increase In Trans-Identifying Students, Sex Change Treatments In Response To DeSantis Audit Alexa Schwerha on March 6, 2023 University of Florida (UF) health centers reported an uptick in the…
Brazil’s Americanas execs omitted info to audit committee, local media reports
SAO PAULO (Reuters) – The management of troubled Brazilian retailer Americanas SA denied the existence of the financial operations that led to an accounting scandal early this year, a report by local…
FBI Agents Misused FISA Data To Surveil ‘Political Party,’ US Congressman, Audit Finds
FBI Agents Misused FISA Data To Surveil ‘Political Party,’ US Congressman, Audit Finds Trevor Schakohl on February 13, 2023 FBI personnel improperly ran Foreign Intelligence Surveillance Act (FISA) information search efforts while…
Self-driving trucking firm TuSimple appoints CFO, reconstitutes audit panel
(Reuters) – TuSimple Holdings Inc appointed interim financial chief Eric Tapia on a permanent basis and reconstituted its audit committee, the self-driving trucking firm said on Friday, weeks after an internal probe…
China keen on regulatory cooperation in audit of U.S.-listed Chinese firms
BEIJING (Reuters) – The China Securities Regulatory Commission is looking forward to working with U.S. regulators to continue promoting future annual audit and supervision on companies listed in the U.S., it said…
Opioid Abuse Treatment Facility to Pay $3.15 Million for Kickback Violations, Obstructing Federal Audit, and False Claims Submitted to Government Insurance Programs
CAMDEN, N.J. – An opioid abuse treatment facility in Camden will pay a total of $3.15 million to resolve criminal and civil claims that it caused kickbacks, obstructed a federal audit, and…
Pentagon audit eases Ukraine arms shipments, despite failing grade
By Mike Stone WASHINGTON (Reuters) -An audit of the Pentagon’s finance systems and weapons stocks has made it easier for President Joe Biden’s administration to locate and ship weapons to Ukraine, even…
Singapore bank OCBC appoints audit head Goh Chin Yee as new group CFO
(Reuters) -Singapore’s second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) said on Monday it had appointed its current head of group audit Goh Chin Yee as the new group chief financial officer. Goh…
Audit breakthrough fails to lure investors into China ADRs
By Summer Zhen HONG KONG (Reuters) – Global fund managers have been selling U.S.-listed Chinese stocks and the index tracking them is sagging badly, suggesting progress toward resolving disputes over their accounts…
Wells Fargo to commission third-party racial equity audit in diversity push
(Reuters) – Wells Fargo & Co said on Tuesday it would commission a third-party racial equity audit that will include inputs from both internal and external stakeholders, as the bank pushes to…
Court Blocks Public From Seeing Some Arizona Election Audit Records
Court Blocks Public From Seeing Some Arizona Election Audit Records Trevor Schakohl on September 1, 2022 The Arizona State Supreme Court determined Wednesday that some state Senate communications about the Trump-endorsed 2020…
Breaking News
