An accounts payable recovery audit of Richmond, Virginia's Department of Social Services CSA and Foster Care recently uncovered significant funding mismanagement, including over-billing, duplicate payments and a lack of checks and balances, WTVR reports. more..

Tax season can be one of the most frustrating times for any business. Having to manage and organize a year's worth of records can be a daunting task. more..

A recent presentation to discuss the findings of the Louisville Arena Authority's 2010 accounts payable audit by professional services firm Crowe Horwath LLP has identified a conflict of interest in its payment processes, according to Business First. more..

According to the Chicago Tribune, a state audit has revealed more than $24,000 in questionable spending at a volunteer fire department in the small town of Modale in western Iowa - including more than $4,600 that was spent on alcohol and ice. more..

According to The New York Times, a recent audit has found that Long Island's Henry Viscardi School - a state-supported institution for severely disabled students - overbilled taxpayers by $835,074 over two years. more..

Nonprofit organization Goodwill, which is funded by a network of retail thrift stores, recently uncovered embezzlement after conducting an accounts payable audit. more..

A new year brings about new opportunities for business, and with it accounts payable departments should consider new ways to maximize their cash flow. more..

According to the Boston Herald, the Massachusetts Inspector General (IG) recently found loopholes in the state's free care pool that led to $6 million being spent on duplicate claims. more..