Whether it’s to save Social Security or cover a budget deficit, politicians are fond of declaring they’re going to audit EVERYTHING! But what does “audit everything” actually mean? And how likely is it to solve problems like the viability of entitlement programs or ballooning debt?
Drawing on a decade of experience in auditing governments, Josh, CPA, demystifies the auditing process and shows how audits, while vitally important, are usually a cop-out response from politicians who don’t want to make tough choices.
As promised, here's a link to a story about how EPA Director Scott Pruitt prevented our office from releasing an audit report for many years.