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Home » News » Archive » October 2011

October 2011

Church bookkeeper sentenced after AP audit reveals embezzlement

Oct 31, 2011 | Category: Accounts Payable Analysis
Discrepancies in the financial records of the First Assembly of God Church in Visalia, California, were first uncovered by a 2009 accounts payable audit. more..

AP audit reveals extensive financial mismanagement at Virginia school

Oct 28, 2011 | Category: Finance Operations
Earlier this year, the former bookkeeper of a Staunton, Virginia, high school was arrested on felony counts of embezzlement. more..

AP audit highlights insufficient financial policies at Massachusetts school

Oct 27, 2011 | Category: Finance Operations
An accounts payable audit that revealed irregularities in a Springfield, Massachusetts, school's financial practices led to the firing of four school employees, the resignation of two and the suspension of one. more..

Overdue AP audit uncovers misappropriation of Alaska National Guard funds

Oct 26, 2011 | Category: Financial Compliance
Failure to conduct regular accounts payable audits and implement a proper system of checks and balances allowed an Alaska National Guardsman to allegedly embezzle more than $220,000 from the organization. more..

Recovery audit implicates former village treasurer

Oct 25, 2011 | Category: Finance Operations
Ohio Auditor Dave Yost recently announced the results of a recovery audit that investigated the village of Utica's financial operations, according to the Newark Advocate. more..

AP audit uncovers Vermont bookkeeper's embezzlement

Oct 24, 2011 | Category: Accounts Payable Analysis
The former bookkeeper of Vermont-based Radiantec was recently indicted for embezzling more than $300,000 from the company, according to The Associated Press. more..

Arkansas senator takes on FEMA over duplicate payment recoupments

Oct 21, 2011 | Category: Duplicate Payments
The Federal Emergency Management Agency's efforts to recoup duplicate payments of disaster relief funds have caused controversy after an Arkansas senator stood up for two recipients, according to the Washington Examiner. more..

Athletic club treasurer pleads guilty to embezzlement following AP audit

Oct 21, 2011 | Category: Accounts Payable Analysis
The treasurer of Michigan's Lowell Area Schools Athletic Boosters Club recently admitted that she misappropriated nearly $100,000 from the group. more..
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