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Comptroller General

All articles tagged with #comptroller general

politics2 years ago

SC Comptroller General to Resign Following $3.5B Accounting Error

South Carolina Comptroller General Richard Eckstrom has resigned after being found responsible for a $3.5 billion accounting error and facing potential removal from office. Eckstrom, who held the role for 20 years, was accused of "willful neglect of duty" by a Senate panel investigating the error. The error was not realized for several years until a junior staffer fixed it last fall. The State Senate was set to vote on a measure to oust Eckstrom from the elected position on April 11.

via New York Post |
#accounting-error#comptroller-general#politics
politics2 years ago

South Carolina's Top Accountant Resigns Over $3.5B Error.

South Carolina's Republican Comptroller General Richard Eckstrom will resign next month after a $3.5 billion 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.

via NBC News|
#comptroller-general#financial-misstatement#politics
politics2 years ago

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.

via NPR|
#accounting-error#comptroller-general#politics
politics2 years ago

South Carolina Comptroller to Resign Following $3.5B Accounting Error

South Carolina Comptroller General Richard Eckstrom will resign next month after a $3.5 billion accounting error in the year-end financial report he oversaw. The state's top accountant will leave the elected post he has held for 20 years on April 30. The blunder's revelation last month brought mounting scrutiny, with House lawmakers calling for an impeachment inquiry. The Senate panel investigating the error issued a damning report last week that suggested Eckstrom resign or face removal “for willful neglect of duty.”

via ABC News|
#accounting-error#comptroller-general#politics