State of California State Auditor John Chiang says Mayer Hoffman McCann did a bum job. Mayer Hoffman McCann says they were deceived. IMO (in my opinion) it is ridiculous that an auditee (say the City of Bell) get's to pick their own auditor. The job of the auditor in this situation is to please the [...]
Our "Den of Thieves" have been uncovered, announced and arrested. Who knows whether it will stick ... but ... it's a start. (These are certain officials at the City of Bell, CA) This NPR interview asks the prime question ... How did a 2 1/2 mile square city, of 40,000 impoverished citizens wind up with [...]
In case you didn't hear. The management team of the City of Bell California gave themselves absurd salaries. The City Manager about $800k The assistant manager and police chief about $500k each. The city only has about 40,000 residents and a significant percentage are below the poverty level. The city receives a significant amount of [...]
CFO magazine cites a 2009 study by Benjamin Luippold, an assistant professor at George State University on how to con the auditors.Distract and divert the auditors attention from the place you want them to look. You will succeed with your con.Now it's been "scientifically" tested. All you auditors and forensic accountants out there ... Use [...]
