Page 507 - Audit News Today

Jammu and Kashmir Chief Secretary Arun Kumar Mehta on Friday launched the online application for conducting a statutory audit of accounts of its line departments.

A newly released audit of Baltimore Rec and Parks found problems with pool permits and the potential for serious errors in budgeting.

Returns from trump. what should the public understand about what theyve released thus far and what is important about it? >> well, i dont want to start this with a curveball but its gonna sound sort of crazy, but donald trump actually was under audit when he said he was part to him being elected, there are two sets of audits going on and the one that he was under audit is a big deal and if it goes against him and could cost him almost 100 million dollars. then we have a separate set, another set...

Do that, even though it was supposedly mandatory that they do so. the house -- voted that they would release trumps tax returns from 2015 to 2020, they say they will do that as soon as they are done redacting social security numbers and other personally identifiable information than they will make those returns public. the committee and joint committee on taxation have already put out reports on their findings about the irs not auditing trump and on what his taxes seem to indicate. the joint com...

Ways and means committee and joint committee on taxation have already put out reports on their findings. about the irs not auditing trump and on what his taxes seem to indicate. the joint committee on taxation raises a lot of red flags but what they are seeing in trumps tax returns. deductions, business expenses, supposedly loans to his kids. the ways and means committee sounds the alert about the irs not in trump since 1977. the irs has been required to do a mandatory audit of every president. ...

Presidential audit that all presidents are supposed to be subjected to, he just wasnt and thats one persons job which is bananas, but -- >> thats crazy, right? >> yes, i mean its crazy even if you had a president who had a one page tax return let alone someone who has complex ones like him, but its a good point that you say that there was another audit that was happening that preceded him getting into the white house and we still dont know the dispensation of that, do you think we will know anyt...

An early look at the stories that will drive tomorrows conversation.

Plus, the Institute of Internal Auditors expressed serious concerns about a recent board proposal on audit confirmations.

Going on. but when he was under audit, its a big deal. and if it goes against him could cost him almost $100 million. and we have a separate set. another set of audits. happening for a president, they look at his taxes each year. they say, you know, they see problems. theyre going to say something. what we have found out in the last week yesterday. those audits werent happening. kind of crazy. nothing really surprises me. but it is sort of crazy that they didnt happen. and they had in one instan...

A report released by the Democratic majority on the House Ways and Means Committee said the IRS policy was "dormant" during the Trump administration.