Inside: Business/Finance

Published Tuesday, February 01, 2005

AUDITING THE AUDITOR The New York State comptroller has issued a blistering report criticizing the firm that handled audits for a district where former administrators have been accused of embezzling funds. Comptroller Alan Hevesi says that the work of Miller, Lilly & Pearce, the firm that audited the Roslyn School District, “was so appallingly inadequate that it would shock anyone associated with the auditing profession and certainly the taxpayers who depend on the firm to safeguard their money.” Hevesi says his office's audit of the accounting firm determined that Miller, Lilly & Pearce “failed to identify millions of ...

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