Latest Accounting and auditing services News

Redevelopment around Aloha Stadium could start next year

Oct. 13, 2021 17:51 PM EDT

HONOLULU (AP) — Redevelopment of state land surrounding Aloha Stadium could start late next year or early 2023, though there is still no timetable for replacing the rusting 46-year-old amphitheater. The state Department of Accounting and General Services, which is...

Mississippi auditor demands payments in human services fraud

Oct. 12, 2021 18:40 PM EDT

JACKSON, Miss. (AP) — The Mississippi auditor said Tuesday that he is demanding repayment of $77 million in misspent welfare money in one of the poorest states in the nation. This includes $828,000 the auditor is seeking from retired NFL player Brett Favre and an employee of his business,...

Mayor: potential fraud in spending of COVID relief funds

Oct. 11, 2021 13:07 PM EDT

WEST HAVEN, Conn. (AP) — A Connecticut mayor has asked for a forensic investigation into the city's spending of federal pandemic relief money after coming across issues she says make her suspect fraud. West Haven Mayor Nancy Rossi, who is also a certified public...

City colleges announces SIU partnership for accounting

Oct. 10, 2021 09:10 AM EDT

CHICAGO (AP) — College officials in Carbondale and Chicago have announced a partnership aimed at improving access for students who want to pursue accounting and diversifying the field. Southern Illinois University Carbondale has entered an agreement with City Colleges...

Business owner charged with fraud over pandemic aid grants

Oct. 05, 2021 14:52 PM EDT

JACKSON, Miss. (AP) — A Mississippi business owner has been indicted on fraud charges after the state auditor said she submitted false applications for pandemic relief money. Ethel Cain turned herself in for arrest Monday night at the Bolivar County Sheriff's...

Venezuela introduces new currency with 6 fewer zeros

Oct. 01, 2021 18:30 PM EDT

CARACAS, Venezuela (AP) — A new currency with six fewer zeros debuted Friday in Venezuela, whose currency has been made nearly worthless by years of the world’s worst inflation. But the new bills were difficult to find in the capital, where consumers' fears that...

Great Wall of Lights: China’s sea power on Darwin’s doorstep

Sep. 24, 2021 11:55 AM EDT

ABOARD THE OCEAN WARRIOR in the eastern Pacific Ocean (AP) — It’s 3 a.m., and after five days plying through the high seas, the Ocean Warrior is surrounded by an atoll of blazing lights that overtakes the nighttime sky. “Welcome to the party!" says third officer...

South Korea, US repatriate war casualties 70 years later

Sep. 23, 2021 19:20 PM EDT

HONOLULU (AP) — South Korean President Moon Jae-in visited Hawaii this week as the remains of 68 Korean and six presumed U.S. service members were repatriated during a ceremony at Pearl Harbor. South Korean soldiers who died in the Korean War had been in the possession...

Remains of North Carolina World War II soldier identified

Sep. 23, 2021 13:21 PM EDT

WASHINGTON (AP) — An agency which accounts for missing U.S. soldiers said Thursday it has accounted for a North Carolina man who served in World War II and disappeared during a battle. The Defense POW/MIA Accounting Agency said in a news release Thursday that it...

Ex-CEO of suburban Chicago company acquitted in federal case

Sep. 21, 2021 15:46 PM EDT

CHICAGO (AP) — A federal judge has acquitted the former CEO of a suburban Chicago manufacturing company of all charges in a case that accused him of inflating revenue reports by $24 million. U.S. District Judge Robert Gettleman cleared Gary Winemaster of all counts...