Collaborating Authors

State Auditors Say Florida Education Officials Blocked Them

U.S. News

Florida Education Commissioner Pam Stewart defended the agency and said auditors had a "misunderstanding" of the department's process. Stewart also contended that her department was not made aware that auditors had found something to justify "this rare and unusual finding."

Auditor: Ex-Atlanta Mayor Wasn't Authorized to Give Bonuses

U.S. News

The report to city officials Wednesday agreed with the findings of a separate internal investigation that the bonuses and other cash payouts to staff from Reed and his aides violate the gratuities clause of the Georgia constitution, which prohibits extra payments to public employees without a clear benefit to taxpayers, The Atlanta Journal-Constitution reported.

Auditors Say Nearly $6K in Tax Payments Improperly Handled

U.S. News

Mooberry worked as a clerk in the county treasurer's office from 2011 until May 2016. She was given a year of probation after pleading guilty to misdemeanor misconduct in office. Authorities say the thefts occurred in the last few weeks of her employment. The county attorney has said the money was paid back.

Toshiba gives up finding new auditor for now

The Japan Times

Toshiba Corp. has given up finding a new auditor to check its earnings for fiscal 2016 in place of its current auditor, PricewaterhouseCoopers Aarata LLC, according to informed sources. The effort failed ahead of the Tokyo Stock Exchange-set deadline next Monday for companies listed on the exchange to release their scorecards for the year. The struggling Japanese electronics and machinery maker will ask PwC Aarata, a major auditor, to continue working for the company and check its fiscal 2016 earnings, while seeking a different auditor for fiscal 2017 through March 2018, the sources said. Toshiba and PwC Aarata are at odds over accounting for Toshiba's loss-laden U.S. nuclear business unit, Westinghouse Electric Co. Due to the disagreement, Toshiba was unable to obtain PwC Aarata's approval for its business results for April-December 2016. As a result, the company released last month an unapproved earnings report for the first nine months of fiscal 2016.