South Carolina's Top Accountant Resigns After $3.5B Accounting Error

South Carolina Comptroller General Richard Eckstrom is resigning from his post after a $3.5 billion accounting error in the year-end financial report he oversaw. The Senate panel investigating the financial misstatement issued a damning report last week accusing Eckstrom of "willful neglect of duty." The governor accepted the resignation, effective April 30. The Senate report concluded that Eckstrom was solely responsible for the mapping error, which happened during the state's transition to a new internal information system from 2011 to 2017.