Discuss Detroit » Archives - January 2008 » One audit done... « Previous Next »
Top of pageBottom of page

Buyamerican
Member
Username: Buyamerican

Post Number: 469
Registered: 02-2007
Posted on Tuesday, March 04, 2008 - 9:24 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

I hope KK doesn't get his hands on this.

http://www.freep.com/apps/pbcs .dll/article?AID=/20080304/NEW S01/803040382
Top of pageBottom of page

Aluminum
Member
Username: Aluminum

Post Number: 14
Registered: 01-2008
Posted on Wednesday, March 05, 2008 - 6:59 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

How can a city be so behind in its audits?

"The 2005-06 audit showed major bookkeeping issues, including lack of supporting documentation, apparently unauthorized accounts, creating the risk of errors and fraud." From Zachary Gorchow's March 4th Free Press article "1 audit done, so Detroit to get $26 million"

What is going on in the Finance Department? Get help from one of the national accounting firms downtown. Train people, update systems, do something, at least get 2008 in on time this year!

Add Your Message Here
Posting is currently disabled in this topic. Contact your discussion moderator for more information.