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House Considers Audit of Online Insurance Portal Problems

U.S. News

The department estimated the platform would cost $300 million, but Morneau Shepell came in at 30 percent that cost. State law requires vendors providing goods or services to the government to submit plans to ensure 20 percent participation in the contract by minority- or women-owned establishments under the Business Enterprise Program. But documents indicate that department employees were "directed to move forward without the inclusion of a BEP goal."


New Mexico Insurance Pool Refusing to Turn Over Audits

U.S. News

About 2,400 New Mexico residents are enrolled in the high-risk insurance pool. Many of people it serves are kidney dialysis patients who are disabled, while others are living in the country illegally and cannot qualify for federally subsidized health insurance.


Audit: Idaho Owes $3.1 Million for Health Insurance Bonus

U.S. News

The Idaho Statesman reports that an audit by the Office of Inspector General of the U.S. Department of Health and Human Services suggests that Idaho "overstated" the number of children who were eligible for funds from a multibillion-dollar "bonus" program approved in 2009.


Trump won't release tax returns while under IRS audit, aide says

Los Angeles Times

Donald Trump's new campaign manager said Sunday that the GOP nominee will not release his income tax returns to the public until an Internal Revenue Service audit is complete. It was a reversal for Kellyanne Conway, who was named Trump's campaign manager on Wednesday. Earlier this year, the Republican pollster and strategist had urged Trump to release his tax returns. "I've learned since being on the inside that this audit is a serious matter and that he has said that when the audit is complete, he will release his tax returns," Conway said Sunday on ABC's "This Week." No law prevents Trump from releasing his returns during an audit, which could take years.


Tone at the Top Newsletter Audit Executive Center

#artificialintelligence

Like any algorithm- and data-driven process, artificial intelligence (AI) presents internal audit with a clear role in ensuring accuracy and reliability. It is important that boards and other stakeholders understand stages in the AI life cycle where internal audit's focus can provide positive effect. How can the board best support the CAE's efforts to ensure that the internal audit team is prepared to provide assurance over AI and capitalize on its efficiencies in appropriate audit plans and activities?