Reforms coming after SC's $1.8 billion accounting error. Now the question is who to blame.
The SC Senate to discuss the future of the state's finances after it was discovered $1.8 billion in missing funds didn't ...
SC auditor resigns after outside audit found $1.8 billion ‘surplus’ was actually an accounting error
South Carolina’s State Auditor George Kennedy resigned Thursday after an outside audit found what was thought to be a $1.8 billion surplus in the state’s budget was actually an accounting error.
SC taxpayers’ cost of fixing a $1.8B accounting blunder could keep growing
The bills continue to pile up as South Carolina legislators consider spending more money on a series of accounting snafus ...
House Democrat calls for SC treasurer’s impeachment over $1.8B accounting debacle
In the wake of a report that South Carolina’s financial leaders allowed a $1.8 accounting blunder to linger on the state’s ...
South Carolina lawmakers call to axe treasurer after $1.8 billion accounting error
South Carolina lawmakers are calling for the state treasurer to be impeached after an independent audit found that a ...
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Acquittal in tax case doesn't erase tax obligation — SC
The Supreme Court (SC) reiterated that being acquitted in a criminal tax case does not automatically exempt an individual ...
SC’s state auditor resigns from job amid controversy over state’s $1.8B accounting error
South Carolina State Auditor George Kennedy III and outside independent auditor Remi Omisore, a principal at CliftonLarsonAllen, speak to a Senate Finance subcommittee about the comptroller general’s ...
$1.8 billion isn’t missing after all in South Carolina but questions remain about accounting error
It turns out that $1.8 billion in South Carolina state funds weren’t just sitting in a bank account waiting to be spent.
With SC’s finances under SEC investigation, lawmakers seek financial ‘babysitter’
An outside forensic auditing firm recommended the state hire a third-party compliance officer after determining most of a ...
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SC auditor tangled up in $1.8B accounting error resigns
State Auditor George Kennedy's resignation follows the 2023 resignation of former Comptroller General Richard Eckstrom.
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SC: Tax case acquittal doesn’t erase obligation to pay
The Supreme Court (SC) on Friday said being acquitted of a criminal tax violation does not automatically exempt a taxpayer from paying unpaid taxes. In a ...