Auditor general report outlines ‘deficiencies’

PROVIDENCE – The R.I. Office of the Auditor General last week released a report outlining the deficiencies in the state’s internal control over financial reporting, detailing 17 “material weaknesses” and 20 “significant deficiencies.”
The report, prepared by acting Auditor General Dennis E. Hoyle and released by the Joint Committee on Legislative Services, said the weaknesses include: accounting-system inadequacies, a stalled implementation of the statewide accounting system, weaknesses in general accounting and information technology controls, decentralized controls over federal program revenue, issues with capital-asset accounting and problems with controls over tax payments received electronically.
According to a news release, the state will take steps to address the problems identified by the office. &#8226