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Audits
Auditors: Tech issues, worker rush led to state tax errors
December 17, 2012
Associated PressAuditors investigating Indiana's Department of Revenue are saying outdated technology and a work culture that sacrificed
accuracy for speed led to $526 million in tax errors from the state.
MoreAnswers on $526M in tax mistakes expected in December
September 10, 2012
Associated PressAuditors reviewing $526 million in tax errors made by Indiana's tax collection agency said Monday they will investigate
whether state employees are knowledgeable enough to track tax collections and whether the state has adequate internal controls
to guard against future errors.
MoreAudit of $526M in state tax errors could take months
July 25, 2012
Associated PressRepresentatives of the accounting firm Deloitte told Indiana budget leaders their assessment of what needs to be audited could
last through August. The audit itself could take months longer after that.
MoreIndiana hires Deloitte to assess $500M in mistakes
June 4, 2012
Associated PressIndiana's state budget leaders picked international accounting firm Deloitte on Monday to determine the scope of an external
audit looking at how the state lost track of more than $500 million in tax revenues.
MoreIndiana panel moves toward audit of $500M in mistakes
June 4, 2012
Associated PressIndiana's state budget leaders on Monday are expected to take another step toward finding what caused more than $500 million
in tax-revenue accounting errors, but a final answer is still a long way off.
MoreIndiana issues call for external audit of tax agency
May 17, 2012
Associated PressIndiana budget leaders are looking for an external auditor to review the state Department of Revenue after workers discovered
$526 million in errors in recent months.
MoreCIB audit shows agency finances improving
July 2, 2010
Scott OlsonThe Capital Improvement Board earned $10 million last year after reporting a $16.8 million loss in 2008. Its financial future
is clouded, however, by talks with the Indiana Pacers over Conseco Fieldhouse operating costs.
MoreCompany in doubt? Don't blame auditor
April 20, 2009
Keep in mind, the auditor doesnâ??t run the businessâ??the businessâ?? management does.
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Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.