Forensic Audit Authorized – but will it be a white-wash?
After years of residents’ complaining, the Board of the Incline Village General Improvement District (IVGID) authorized a forensic audit in November, 2023. This seemed a step in the right direction. Especially since, in October, 2023, we wrote how expenses had been hidden by IVGID for decades. This is financial statement fraud – like WorldCom in 2002. link 1 link 2 link 3 We have also written about the financial systems meltdown after a failed accounting and payroll implementation and no fixed asset inventory for a decade or longer. link 1 link 2 Original Forensic Audit Scope In September, 2023 IVGID … Continue reading →