Universal Credit: National Audit Office condemn ‘concerning’ payment issues – DWP reviewed
UNIVERSAL Credit has become crucial for many people in recent months as coronavirus forced many people out of work. The Department for Work and Pensions saw a huge spike in applicants because of the disease but this brought additional attention to recurring problems with payments. Daily Express :: Finance Feed
Failed SFD collapse due to ‘malpractice’: Audit unearthed doubts after firm’s sale
Shopfittings Direct , which produced window displays and floor designs for Primark and others, went under due to “business malpractice”, claims the investor that tried to save it. A source close to venture capital group Elaghmore said that despite undertaking extensive due diligence, a number of “undisclosed issues” with SFD’s finances only came to light […]
Watchdog quiz for audit giant
KPMG is being probed over its auditing of collapsed bargain booze owner Conviviality as the scrutiny of Britain’s big four accountancy firms intensifies. Daily Express :: Finance Feed
Audit Shows Pittsburgh Schools Running Budget Surplus
Pittsburgh Public Schools was recently found in an audit to have accumulated the largest surplus of any school district in the state of Pennsylvania despite predictions by the district that it was headed toward financial ruin. It is estimated that the district will complete the year with a surplus of $ 900,000. The new budget […]
Audit: Missouri Charter School Overpaid for False Attendance
A state audit released last week discovered that a charter school in Missouri had been overpaid by at least $ 4.3 million in the two years before it closed as a result of falsified and inflated student attendance. According to State Auditor Nicole Galloway, the Hope Academy in Kansas City had reported a 97% attendance rate. […]