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March 22, 2023

When accounting goes unaccounted for

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SEC

This Really Comes as No Surprise But We Feel Obligated to Ask for Your Help

by Caleb Newquist

Thumbnail image for Thumbnail image for 140px-United_States_Securities_and_Exchange_Commission.pngMore good news about your tax dollars at work. This time courtesy of the punching bag of government agencies:
More, after the jump

According to reports, an audit conducted by an outside firm found that the SEC’s acquisitions office failed to maintain accurate records on its contract and procurement activities, and reported data that was inaccurate to the federal procurement database.
In one glaring example, the regulator could not supply the auditor with data about all of the contracting activities from the SEC’s regional offices.

Good Lord. Recently laid off peeps, please do your country a bit of service and help out the complete f*(king nightmare that is our government. We implore you.

Thumbnail image for Thumbnail image for 140px-United_States_Securities_and_Exchange_Commission.pngMore good news about your tax dollars at work. This time courtesy of the punching bag of government agencies:
More, after the jump

According to reports, an audit conducted by an outside firm found that the SEC’s acquisitions office failed to maintain accurate records on its contract and procurement activities, and reported data that was inaccurate to the federal procurement database.
In one glaring example, the regulator could not supply the auditor with data about all of the contracting activities from the SEC’s regional offices.

Good Lord. Recently laid off peeps, please do your country a bit of service and help out the complete f*(king nightmare that is our government. We implore you.

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