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Started By
Message
Sid Edwards needs to request the LA Leg. Auditor to audit BR's financial books.
Posted on 12/8/24 at 12:39 am
Posted on 12/8/24 at 12:39 am
Before he's sworn in, and assumes any liability or responsibility for past mismanagement of city finances.
6
Posted on 12/8/24 at 12:40 am to boudinman
Not a bad idea. Gotta know where you're at to start pre-planning.
Posted on 12/8/24 at 12:56 am to boudinman
Great in theory, but they only do state audits, not city.
Posted on 12/8/24 at 1:13 am to LSU 08
quote:
Great in theory, but they only do state audits, not city.
Incorrect.
Posted on 12/8/24 at 1:15 am to LSU 08
Wrong. They can audit towns, cities, colleges, state agencies, etc.
Posted on 12/8/24 at 1:20 am to boudinman
quote:
Wrong. They can audit towns, cities, colleges, state agencies, etc.
Right. They just aren’t very good.
Posted on 12/8/24 at 1:26 am to BlackAdam
If its an investigative audit. They are very good at uncovering theft, mismanagement of funds, illegal activity, etc.
Posted on 12/8/24 at 1:30 am to BlackAdam
quote:wrong, their audits are exceptionally thorough.
Right. They just aren’t very good.
The problem is that a 2024 audit might not be ready until 2028.
Posted on 12/8/24 at 5:10 am to boudinman
ABSOLUTELY THIS
Posted on 12/8/24 at 5:30 am to boudinman
Trump’s FBI
Set up an office in City Hall and watch the rats scatter. You could easily charge half the political leadership in this town. C/P, judges, NGOs, consultants, union officials, etc.
The list is long.
Set up an office in City Hall and watch the rats scatter. You could easily charge half the political leadership in this town. C/P, judges, NGOs, consultants, union officials, etc.
The list is long.
Posted on 12/8/24 at 6:22 am to boudinman
Who audits their books now?
Posted on 12/8/24 at 6:45 am to LSU 08
Wrong.
Posted on 12/8/24 at 6:49 am to boudinman
quote:
Private firm they hire
Via the Louisiana Legislative Auditor's Office.
Posted on 12/8/24 at 6:57 am to Tchefuncte Tiger
Yes he does
Posted on 12/8/24 at 7:22 am to Tchefuncte Tiger
No. They may have a list of approved licensed cpa firms to conduct standard yearly audits that are then submitted to the state auditor. If they cant complete the audit due to missing monies, documents, or other issues then that cpa firm notifies the state auditor's office. That triggers an investigative audit. They come in and look over everything and go back a number of years looking for issues of wrongdoing/patterns of abuse.
They start digging for skeletons and looking at every thing and anything.
They start digging for skeletons and looking at every thing and anything.
This post was edited on 12/8/24 at 7:29 am
Posted on 12/8/24 at 7:25 am to boudinman
Yup. Forensic audit.
Posted on 12/8/24 at 7:39 am to boudinman
quote:
No. They may have a list of approved licensed cpa firms to conduct standard yearly audits that are then submitted to the state auditor. If they cant complete the audit due to missing monies, documents, or other issues then that cpa firm notifies the state auditor's office. That triggers an investigative audit. They come in and look over everything and go back a number of years looking for issues of wrongdoing/patterns of abuse.
Thanks. You said it better.
Posted on 12/8/24 at 8:07 am to udtiger
They already do
Posted on 12/8/24 at 8:14 am to nicholastiger
Right but what he really means is a forensic audit. Totally different and is expensive.
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