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|    Forensic accountant, accounting firm rev    |
|    26 Jan 15 23:39:36    |
      From: hound23x@gmail.com              Forensic accountant, accounting firm reviewing SRHS finances               BY MARGARET BAKER, MBB...@SUNHERALD.COM        January 16, 2015        SHARE               Singing River Health System        JOHN FTIZHUGH -- SUN HERALD Buy Photo        Story        Comments        PASCAGOULA -- An attorney Jackson County hired to oversee a review of Singing       River Health System has hired a forensic accountant and an accounting firm to       work on the project.               A news release from attorney Billy Guice's office says he has hired Donna M.       Ingram, a forensic accountant and certified fraud investigator in Vicksburg,       to review the health system's financial status and reporting.                      The release said he also has hired LaPorte CPA and Business Advisors to       analyze the failed employee pension plan and consider how various scenarios       would affect plan participants.               When Jackson County began reviewing SRHS records in December, supervisors       discovered inconsistencies between the health system's projected budgets and       actual statements the county had received at the end of each fiscal year.               SRHS first announced in March it had an $88 million shortfall.                      "This adjustment has the effect of reducing the assets of Singing River       Hospital System," Guice's news release said. "The information which had       previously been received by the Jackson County Board of Supervisors was not       correct and it appears that the        financial well-being of Singing River Health System was not fairly stated."               SRHS had stopped contributing to the employee pension plan in 2010 without       informing the public. Its Board of Trustees voted Nov. 20 to terminate the       plan.               When the county became aware of the financial crisis, the release said, "the       Jackson County Board of Supervisors in an effort to protect both the employees       of Singing River Health System and the citizens of Jackson County took such       actions as were in its        power."               Jackson County is paying Guice $175 an hour, which Supervisor Troy Ross has       said is the typical hourly pay when the county hires outside counsel. It's       unclear how much is being paid to Ingram or the CPA firm.               Read more here: http://www.sunherald.com/2015/01/16/6021636/fore       sic-accountant-accounting.html#storylink=cpy              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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