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Home :  Federal Budget & Tax : 
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Friday, December 22, 2006

Financial Improprieties at Homeland Security?

The Department of Homeland Security's Office of Inspector General released a report Wednesday in which Auditor KPMG warned the Department of multiple potential violations of a fiscal law barring agencies from spending money in excess of appropriations.

On top of that, the New York Times reports today that:

KPMG LLP said for the third straight year that it could not provide an opinion on the balance sheet of the $40.3 billion department, the second-largest federal agency, because of its lax financial controls and oversight.

Another item for the long list of expected oversight hearings and investigations on the agenda for the 110th Congress?



Posted by Dana Chasin



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