Audit solutions don’t only come in handy when leaders suspect fraud. In many cases, they can act as a useful tool for assessing the status of problematic projects, as they can pinpoint where expenses are proving most unruly.
The Florida Keys Keynoter reported that Monroe County Schools superintendent Mark Porter may soon passed a unanimous resolution that the district requires all the appropriate documentation and receipts before they make any further payments on the project,” stated Audit and Finance Committee member Stuart Kessler, according to the source.
Ed Davidson, a member of the school board, claimed that a recovery audit may be able to turn up hundreds of thousands of dollars, the Keys Reporter noted. He also said that, while the measures would cost the district money, the expense would be worthwhile due to the funds that would likely be found through the investigation.