All articles tagged with #audit
A Justice Department settlement bars the IRS from auditing Donald Trump, his family, and related entities, permanently blocking audits of any matters currently pending and extending protections to future examinations under a broad “lawfare” provision—a move that shocks tax pros and could spark renewed Democratic oversight battles as Republicans weigh their response.
FBI Director Kash Patel denied drinking on the job and agreed to take an "audit" test after Senator Chris Van Hollen pressed the issue at a congressional hearing, as he faces ongoing scrutiny of his leadership and clashes with lawmakers.
South Korea's air force apologized for a 2021 mid-air collision between two F-15Ks during a formation flight near Daegu, saying unplanned maneuvers for personal filming caused the crash. A wingman climbed and banked to improve a camera angle without clearance, leading to the tail strike on the lead jet; no one was injured and about 880 million won ($600,000) in damage occurred. The wingman was deemed primarily responsible, auditors ordered him to repay about 10% of the repair costs, and one pilot was suspended and left the military. The air force promised tighter in-flight filming controls and flight-safety rules to prevent repeats.
Democrats on the House Judiciary Committee asked FBI Director Kash Patel to take the 10-question Alcohol Use Disorders Identification Test (AUDIT). Experts say AUDIT is a screening tool, not a diagnosis, and high scores would still require further evaluation; results are not automatically public and would be shared with Congress, with a sworn statement requested by a deadline. Patel has denied drinking on the job, and noncompliance could prompt a hearing, while HIPAA protections apply to test results.
An outside forensic audit of the King County Regional Homelessness Authority found about $13 million in public funds unaccounted for and a negative cash position of roughly $44.7 million, prompting Seattle leaders to call for sweeping changes, including possible dismantling of the agency, tighter financial controls, and a reworked approach to coordinating homelessness services across the county.
House Democrats on the Judiciary Committee formally demand FBI Director Kash Patel take the Alcohol Use Disorders Identification Test and submit sworn results, along with all security-clearance questionnaires, arguing his alleged drinking has compromised national security decisions and investigations. Patel denies the allegations and has sued The Atlantic for defamation; Senate Democrats led by Durbin are calling for his removal if he does not comply, with talk of a formal oath-based hearing to obtain the facts.
Riverside County Sheriff Chad Bianco, a Republican candidate for California governor, says he seized more than 650,000 ballots as part of a citizen-backed audit of the 2025 election. Officials say the group’s hand-written records are unreliable and that the official tallies differ from certified results by only 103 ballots (0.016%), far from mass fraud. State officials criticized the move, while experts warned that involving law enforcement in ballot handling could undermine normal election procedures and public confidence.
Trade Desk shares fell about 7.4% after Publicis Groupe advised clients to stop using the platform following a third‑party audit by FirmDecisions that allegedly found improper fees, auto-enrollment in paid features, and questions over media/data cost markups; Trade Desk disputes the findings, but Publicis’ stance threatens a key revenue channel and agency relationships, with shares closing at $25.07.
The FBI subpoenaed records from Arizona Senate leaders tied to the Maricopa County 2020 audit, with Senate President Warren Petersen turning them over, expanding the federal probe into former President Trump’s election fraud claims. The development follows a similar Georgia case and occurs amid ongoing disputes over voter-data privacy and the credibility of the Arizona audit, which independent reviews found did not uncover fraud.
Nebraska's emergency $2.5 million no-bid bioeconomy contract, approved with input from the Governor's Office, is under scrutiny after State Auditor Foley referred two findings to the AG and State Patrol: a missing emergency justification for bypassing bids, and allegations that state officials attempted to deceive the Auditor’s Office about a deadline. AG Hilgers confirmed receipt of the referrals; Pillen's office defended the timing as allowed by a 2024 budget bill.
The Securities and Exchange Commission announced Demetrios (Jim) Logothetis as PCAOB Chairman and named Mark Calabria, Kyle Hauptman, and Steven Laughton to the board, with George Botic remaining as a board member and Acting Chairman until Logothetis is sworn in. Created by the Sarbanes-Oxley Act and overseen by the SEC, the PCAOB oversees audits of public companies and broker-dealers to protect investors and maintain independent, informative audit reports. Logothetis’ term runs through 2030, Calabria through 2027, Hauptman through 2029, and Laughton through 2026.
Congressman Khanna criticized California's management, citing a $72 billion figure he couldn't verify, and called for congressional hearings on high-risk programs, prompting a response from Governor Newsom's spokesperson emphasizing the importance of accuracy and fraud prevention.
An audit reveals that New York City's Employee Health Insurance Stabilization Fund is billions of dollars in debt and recommends dissolving it, citing misuse of funds and insolvency, with ongoing disputes between city officials and unions over its management and purpose.
Minnesota has implemented additional review measures for 14 high-risk Medicaid programs to combat widespread fraud, involving audits by Optum before payments are processed, which may cause delays but aims to protect benefits for low-income residents. The state is also taking other actions like disenrolling inactive providers and pausing licenses to eradicate fraud, with ongoing investigations and increased oversight.
Despite record-breaking sales, the North Carolina Education Lottery has been allocating a smaller share of its revenue to public schools, dropping from 23% in 2023 to just 16% in 2025, due to increased winnings paid out and a shift to higher payout digital games, raising concerns about the impact on education funding.