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Lake financial director gets $30K pay bump for figuring out accounting issues

The Lake County Council Tuesday approved a $30,000 bump in pay for its director of finance to compensate for the time spent managing the investigation into what caused the breakdown in the county’s accounting process. The breakdown prompted Standard & Poors to stop issuing the county a credit rating and led the State Board of Accounts to stop its audit process and threaten to invoke state . ....

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S&P stops issuing credit rating for Lake County due to audit problems

Lake County officials are still trying to get a grasp on what happened in the county’s accounting process that left the lingering question of just exactly where the entity’s cash balances stand and prompted Standard and Poors to stop issuing it a credit rating. Commissioner Micheal Repay, D-Hammond, confirmed Thursday S&P is no longer providing a credit rating for the county because it does . ....

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Oracle India SaaS business recorded 43 per cent growth in Q4

Oracle India SaaS business recorded 43 per cent growth in Q4
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