Ill. Auditor General: 'Department of Innovation & Technology -- Financial Audit'
May 03, 2024
May 03, 2024
SPRINGFIELD, Illinois, May 3 -- The Illinois Auditor General issued the following financial audit on May 2, 2024, involving the Department of Innovation and Technology.
Here are excerpts:
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FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS
INADEQUATE CONTROLS OVER THE IMPLEMENTATION OF NEW STANDARD
The Department failed to exercise adequate controls to ensure the new standard, GASB Statement No. 96 - SubscriptionBased Information Tech . . .
Here are excerpts:
* * *
FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS
INADEQUATE CONTROLS OVER THE IMPLEMENTATION OF NEW STANDARD
The Department failed to exercise adequate controls to ensure the new standard, GASB Statement No. 96 - SubscriptionBased Information Tech . . .