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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: audit

audit stories: 9 news summaries

(Newser) - French First Lady Carla Bruni-Sarkozy just loves her fleurs and she's often photographed arranging blooms in the Elysée Palace. Problem is, the flowers are costing French taxpayers $1,100 a day, and they want the spending nipped in the bud. The blooming bills were revealed in the first state... More »

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Nicolas Sarkozy France spending Elysee audit flowers Carla Bruni French

(Newser) - The US overpaid Blackwater by $55 million for its security work in Iraq, a government audit has found. The company, since renamed Xe, didn't employ enough guards, medics, and other personnel to protect high-level officials but still collected full payment from the State Department, the Wall Street Journal reports. "... More »

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Iraq Afghanistan State Department Blackwater security guards audit government contracts Xe

 FBI Neglected 
 Terror Watch 
 List: Audit 

Suspects may have traveled into US while off the list

(AP) - The FBI is slow to update the national terror suspect watch list, and the lapses pose real risks to US security, according to a Justice Department audit. Twelve terror suspects who were either not listed or were slow to be added may have traveled into or out of the US,... More »

ANALYSIS

 What If I Don't Feel Like Filing? 

Christopher Beam explores the potential evader's options

(Newser) - With millions of Americans enduring long lines at the post office today to file their tax returns, Christopher Beam of Slate can’t help wonder: What would happen if you simply didn’t file? The answer is probably not much—7 million Americans declined to file last year, and only... More »

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taxes IRS income tax business tax evasion audit federal income tax Wesley Snipes

Too-Speedy Bailout Spending May Squander Billions

Auditors understaffed for behemoth task, leaving field open to shifty contractors

(Newser) - If new federal bailout funds are spent too quickly, billions could be wasted because the government administrative staff may be too overburdened to provide adequate oversight, warn budget experts. Billions of dollars in government money were squandered by private contractors who overcharged the Bush administration, according to a government report.... More »

Obama's Haul Spurs Concern About Faceless Donors

But it paves way for new standard in political fundraising system

(Newser) - The huge success of Barack Obama’s Internet fundraising campaign has sparked concerns about the regulation of campaign finance. Some worry that the faceless system allows for easy abuse, particularly in light of donations from anonymous or clearly fake names such as "Osama bin Laden," the Washington Post... More »

 Audit Shows Billions Unaccounted for in Iraq

Almost $8.2B in Iraq War funding evaded federal rules, reports the Pentagon

(Newser) - A Pentagon audit of $8.2 billion in taxpayer money spent in Iraq found that nearly all of the handouts skirted federal rules, and millions of dollars in contracts were awarded with little or no record of what they were for, reports the New York Times. Take the $320.8... More »

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Pentagon contractors US military audit Iraq contractors Iraq war Iraq war spending IAP

IRS Employees Charged With Sneaking Into Records

Internal audit nabs five in Calif. office; ties to snooped-on taxpayers uncertain

(Newser) - Five employees at a California branch of the Internal Revenue Service have been charged with illegally inspecting citizens’ tax information, ComputerWorld reports. Exactly whom the workers were snooping on was not disclosed, but there were up to 13 victims, all in 2006. Court dates on misdemeanor charges are pending for... More »

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taxes IRS misdemeanor audit

Audits Rip Fed Oversight of Security Firms, Costs

Lax controls, slopping accounting

(Newser) - A State Department internal review of its own security practices in Iraq is sharply critical of the lack of oversight of private contractors Blackwater, DynCorp International and Triple Canopy. A second report due today says officials can't say what the government got for $1.2B paid to DynCorp since 2004,... More »

9 Stories