13 States Failed Basic Financial Audits—Here Are the 7 Biggest Red Flags
A recent report revealed that 13 states failed basic financial audits, raising concerns about their management of federal funds. The report, released by Truth in Accounting, highlighted issues such as unverified unemployment spending and Medicaid payments. Delaware and Georgia were noted as the most problematic states, receiving disclaimers in their audit opinions.
- ▪Thirteen states did not earn clean audit opinions due to unverified financial activities.
- ▪Delaware and Georgia were unable to provide sufficient evidence for their unemployment compensation funds.
- ▪Arizona reported a significant discrepancy of $231.1 million in its financial statements.
Opening excerpt (first ~120 words) tap to expand
Home – State Politics & News – 13 States Failed Basic Financial Audits—Here Are the 7 Biggest Red Flags news 13 States Failed Basic Financial Audits—Here Are the 7 Biggest Red Flags Fred Lucas • June 7, 2026 Print (function(){var t=document.querySelector(".wp-block-kadence-dynamichtml"),s=document.currentScript.previousElementSibling;if(t&&s){if("prepend"==="before_element")t.parentNode.insertBefore(s,t);else if("prepend"==="after_element")t.parentNode.insertBefore(s,t.nextSibling);else if("prepend"==="prepend"||"prepend"==="inside_first_child")t.insertBefore(s,t.firstChild);else t.appendChild(s);}})(); State auditors across the country were unable to verify billions of dollars in unemployment spending, Medicaid payments, and pension obligations in federally-funded programs, according to…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Daily Signal.