Audit finds Office of the State Controller failed to ensure timely financial reporting; material weakness cited
Auditors told the Legislative Audit Committee the Office of the State Controller did not ensure timely recording of transactions, failed to enforce statutory deadlines, and lacked some IT controls, resulting in a material weakness in internal controls over financial reporting.
The full story
Auditors told the Legislative Audit Committee that the Office of the State Controller (OSC) did not ensure timely financial reporting or comply with statutory timeframes, and they classified the finding as a material weakness.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in