independent audits of government agencies Archives

Why Can’t Government Financial Reporting Match Private Sector Standards?

September 23, 2020 6:09 amSeptember 23, 2020 6:22 am

If you want current financial information on California’s state government, you won’t find it. The most recent consolidated annual financial report for California’s state agencies is for the fiscal year ended 6/30/2018. That’s over two years, or nine quarters ago. To put...

California Only State That Fails To Publish Annual Financial Report Due Last Year

August 25, 2020 7:18 amAugust 25, 2020 11:00 am

The California State Controller Betty Yee has plenty of time for distance work, by not actually completing the certified annual audit of the state’s finances. Illinois was delayed last year but got its in before California – which is still...