Posts Tagged: operational audit

Too Many Bureaucrats?

Posted by & filed under Accounting Information Systems, Accounting Principles, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

The California State Auditor has delivered a damning assessment of the management practices at the single largest university system in the United States. Questions: 1. What controls could have prevented this situation? 2. How does this affect costs? 3. According to the audit, how does the rate compare to other organizations within the California government… Read more »