Word: auditing
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...ridden Cabrini-Green public housing project, "it has been turned around. It's not perfect, but it's better." But Her Honor's moment of glory was clouded. Since January she and the U.S. Department of Housing and Urban Development had been feuding over a HUD audit suggesting that the Chicago Housing Authority, the nation's second largest, with 142,000 tenants in 46,000 units, was among the worst managed. "It is almost as if the CHA exists for a purpose other than the management and maintenance of good quality public housing," the report charged...
...number of service personnel to 84,358 for the current year, down from more than 86,000 a year ago, and far below the 91,519 employees that had been budgeted for the same period by the outgoing Carter Administration. Because of its shrunken ranks, the IRS will audit only some 1.6% of the returns filed this year, compared with 1.8% last year and 5% in 1964. The Administration now wants to add 5,225 employees to the IRS staff next year to help cope with the massive enforcement load...
...unexpectedly bright needles. Says Marilyn Leach, 30, an IRS auditor of small businesses in the Carson, Calif., area: "Sometimes you get there and the person sees you and immediately says, 'I didn't report $100,000 in income last year.' That's a real easy audit...
...Dutch Shea Jr. get to be such a burnt-out case? There is the immediate anguish caused by the death of his adopted daughter Catherine. "Cat" was dismembered by an I.R.A. bomb in a London restaurant. Shea also fears the impending blast of an audit. He has misused funds from estates he was supposed to oversee. Fear and shame are magnified because his father was a lawyer who hanged himself in prison, where he was serving time for embezzlement...
Parigian adds that the results of the Coopers and Lybrand audit merely confirm what is already known to the government through previous audits--that there is no fraud, but a "lack of much documentation" in Harvard's management of federal funds...