Thursday, December 19

Tag: audit

Oregon auditors flag millions in misspent money in state agencies | News
25Sep By adminNo Comments
Money

Oregon auditors flag millions in misspent money in state agencies | News

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Texas lieutenant governor to seek audit of taxpayer money spent on Paxton impeachment
16Sep By adminNo Comments
Money

Texas lieutenant governor to seek audit of taxpayer money spent on Paxton impeachment

Texas Lt. Gov. Dan Patrick (R) said he would call for an audit of taxpayer money spent during the impeachment process of Texas Attorney General Ken Paxton (R) in the Texas State House of Representatives Saturday. “Millions of taxpayer dollars have been wasted on this impeachment,” Patrick said after votes were cast in Paxton’s Senate impeachment trial. He added, “I’m going to call next week for a full audit of all taxpayer money spent by the House from the beginning of their investigation in March to their final bills they get from their lawyers.” Paxton on Saturday was acquitted on all 16 of the articles of impeachment he faced, meaning he will be reinstated into office after being suspended since his House impeachment in May. He was accused of misusing his office for the ben...
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AI to help chartered accountants deliver high quality audits: ICAI prez
16Aug By adminNo Comments
Business

AI to help chartered accountants deliver high quality audits: ICAI prez

Artificial Intelligence will help chartered accountants deliver high quality audits as well as increase the number of transactions being looked at, ICAI President Aniket Sunil Talati has said and highlighted that efforts are on to provide the best skill sets to its members. The Institute of Chartered Accountants of India (ICAI) has more than 3.80 lakh members and over 8 lakh students. Artificial Intelligence (AI) and Machine Learning (ML) are being used in various sectors. In a recent interaction with PTI, Talati said he sees AI as a big change that is coming into the audit profession. "If there is a good AI system, then there is so much one can look at in terms of transactions. AI will report back to you in terms of any deviations, red flags... and will...
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