An outside audit of how the state of Maryland spent almost $13 billion it got from the U.S. government found significant problems in some of the programs the state runs with federal dollars.MarylandReporter.com frequently covers audit results published by the state’s Office of Legislative Audits. OLA’s audit work is similar to internal audits done in the private sector.
A different kind of audit—known as a “Single Audit” and equivalent to an external audit—covers all federal money spent by the state of Maryland. These annual audits are performed by an outside CPA firm hired by the state comptroller. After the comptroller accepts the audit report, it is sent to the federal government.
More
1 comment:
As the state of MD continues to rob its populace to expand it have nots program now they extend the robbery to a federal level..too bad omally wont go to jail..if you work in MD ITS time to move before the house of cards falls.
Post a Comment