BATON ROUGE- An audit finds the Southern University System Foundation did not properly record financial transactions related to the Bayou Classic, failed to adequately identify the purpose for some donations and kept too much money in a bank account.
The audit report found fault with the foundation waiting to... more »
BATON ROUGE- Auditors promise a new check of the books at the headquarters of the Capital Area Transit System will show irregularities in the accounting department, even though the latest audit from the state found no issue.
CATS was awarded an "A" by the Legislative Auditor's office. The audit... more »
JONESBORO - The state Legislative Auditor says the town of Jonesboro's financial records could not be audited for the 2012 fiscal year because of accounting inadequacies. A report released Monday by auditor Daryl Purpera also noted other problems. They include improper accounting of traffic tickets, water and sewer collection issues,... more »
BATON ROUGE- Teachers at Baton Rouge Community College got a rude awakening today, when the school's administration informed them they'd been overpaid and would have pay back the error.
Nearly 100 teachers were included in the accounting mistake, which average about $5,000 in over payments over half the year.... more »
As part of a major restructuring effort at Centenary College, President B. David Rowe will recommend to the Board of Trustees that half of the college's 44 majors be phased out over the next few years. Accounting, elementary and secondary education and music performance are among the affected majors that... more »
State Treasurer John Kennedy is raising questions about a computer accounting system being installed for many state departments.
Kennedy says the system will cost between $100 and $200 million dollars and there's no clear benefit for taxpayers.
Kennedy says now is not the time to pay for the... more »