audits
EY fires dozens of staffers for taking multiple online trainings at a time -- but employees say company 'encouraged' this
The “Big Four” accounting firm claimed the employees had cheated, while staffers said the incident was just a result of the task-heavy work culture encouraged by the firm.
Secretary of Defense Lloyd Austin 'shielded' biotech firms in gain-of-function research audit, GOP senator claims
A recent audit of Pentagon funding of gain-of-function research outside the US “may have shielded” collaborations with Chinese biotech firms — including at least one linked to Beijing's military, a...
Pentagon watchdog doesn’t know how much overseas gain-of-function research is done with US funds — despite $1.4B spent: report
The Department of Defense Office of Inspector General released the inconclusive results Thursday of its congressionally mandated audit into funding that could have resulted in diseases becoming more virulent.
GOP lawmakers want legislative auditors to review Milwaukee Public Schools' finances
Republicans at the Wisconsin Capitol don’t want Gov. Tony Evers to waste the chance to get a good look at Milwaukee Public Schools’ shortcomings.
Trump Media auditor BF Borgers charged with 'massive fraud' by SEC, hit with ban
BF Borgers agreed to pay a $12 million civil penalty, and Benjamin Borgers agreed to pay $2 million, to settle the SEC's charges.
Ultra-rich put off buying yachts, jets in hope of massive Trump tax break if he wins
The very wealthiest believe Trump will let them claim 100% of the cost on their returns. "I can save millions by waiting a few more months," one said.
The IRS’ audit lies, McKinsey’s fuzzy DEI studies and other commentary
Libertarian: The IRS’ Audit Lies “Back in August 2022,” groans Reason’s Liz Wolfe, “the Internal Revenue Service (IRS) assured us that their $80 billion infusion of cash . . . would actually...
Boeing 737 mechanics used hotel card and dish soap as makeshift tools, company failed 33 of 89 FAA audits: report
The FAA discovered "unacceptable" quality control issues during an audit into Boeing and supplier Spirit AeroSystems that was launched after a door plug flew off a 737 Max 9 mid-air...
FAA audit finds Boeing quality control problems, 'non-compliance issues' after Alaska Airlines blowout
The FAA previously barred Boeing from expanding 737 production and in January said "the quality assurance issues we have seen are unacceptable."
Haven't filed taxes yet? Don't panic. Here's what to know
“Take a breath. Take some time, set out an hour, or go through it over the weekend. You’ll hopefully see that it’s a lot simpler than you think.”
Gautam Adani hires auditor in bid to discredit short-seller's claims
Adani Group sought to reassure investors on Monday, saying it had strong cashflows.
Adani Group used tiny 11-employee firm to audit businesses worth $100B
Hindenburg Research said Adani Group's use of the small auditing firm was a "red flag."
IRS sent over $1 billion in child tax credit payments to ineligible households: audit
The Internal Revenue Service erroneously sent more than $1 billion in child tax credit payments last year to millions of Americans who weren’t eligible for the free cash, an audit...
How many of Biden's new IRS agents will be packing heat — and how many of us will they target?
The IRS arsenal of 4,600 guns includes 3,282 pistols, 621 shotguns, 539 rifles, 15 fully automatic weapons and four revolvers.
Biden's super-sized IRS Army will declare war on political enemies
Biden is starving the Defense Department, yet his legislation will make the IRS three-quarters the size of the Marine Corps. Who’s Biden making war on?
Texas cattle ranchers audited by IRS issue dire warning to Americans
"We got audited over basically a $7,800 engine rebuild on a very old tractor," Deborah Hajda said.
Yellen tells IRS not to use $80B funding on middle-class, small business audits
Yellen sought to assuage concerns despite sharp criticism from Republicans.
The Inflation Reduction Act would double IRS agents and audits — but the superrich aren't the real targets
Small-business owners and upper-middle-income workers will likely be the targets of additional IRS audits created by the "Inflation Reduction Act."
Ernst & Young fined $100M after admitting accountants cheated on CPA exams
The feds said “Big Four” accounting firm Ernst & Young will pay a record $100 million penalty after admitting that a “significant number” of its audit professionals cheated on their...
Audit finds half of Joe Biden's Twitter followers are fake
The audit, which was done for the social media giant by software firm SparkToro, found that 49.3% of the president's followers are "fake followers," according to Newsweek.