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South Carolina’s Top Accountant to Step Down After $3.5 Billion Error

CPA Practice

By Joseph Bustos, The State (TNS) South Carolina’s top accountant Richard Eckstrom says he will resign effective April 30 after disclosing to state lawmakers that he inflated the state’s cash balances for a decade, eventually reaching about $3.5 billion accounting blunder was the latest controversy for Eckstrom.

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After $3.5 Billion Accounting Error, South Carolina Comptroller Could Be Ousted

CPA Practice

Harris, The State (TNS) After South Carolina Comptroller General Richard Eckstrom’s office made a multibillion mistake, a panel of Senate budget writers are suggesting the Republican be removed from his position and the office stripped of several responsibilities. In South Carolina, the comptroller general is an elected office.