Federal audit of Minnesota child care finds payment flaws up to $231 million
2:51
YouTubeFOX 9 Minneapolis-St. Paul
Federal audit of Minnesota child care finds payment flaws up to $231 million
A recent federal audit uncovered deficiencies in Minnesota's child care assistance program related to attendance tracking – estimating that 11% of all payments likely had some flaw, potentially impacting $231.4 million in child care claims across more than 1,150 providers. FOX 9’s Paul Blume has the details.
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Audit Sampling Examples
17 Audit Memo Examples to Download
17 Audit Memo Examples to Download
examples.com
1 year ago
SOLVED:Sampling by accountants Accountants often use. stratified samples during audits to verify a company's records of such things as accounts receivable. The stratification is based on the dollar amount of the item and often includes 100 dollar sampling of the largest items. One company reports 5000 accounts receivable. Of these, 100 are in amounts aver 50,000 dollar; 500 are in amounts between 1000 dollar and 50,000 dollar; and the remaining 4400 are in amounts under 1000 dollar. Using these
SOLVED:Sampling by accountants Accountants often use. stratified samples during audits to verify a company's records of such things as accounts receivable. The stratification is based on the dollar amount of the item and often includes 100 dollar sampling of the largest items. One company reports 5000 accounts receivable. Of these, 100 are in amounts aver 50,000 dollar; 500 are in amounts between 1000 dollar and 50,000 dollar; and the remaining 4400 are in amounts under 1000 dollar. Using these
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Jun 16, 2020
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