And we're being policed by these guys? (Full Version)

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DsBound -> And we're being policed by these guys? (9/26/2013 7:44:42 AM)

IRS Watchdog: Can't account for $67 million for Obamacare slush fund... Another example of government agencies being competent. Sheesh.




mnottertail -> RE: And we're being policed by these guys? (9/26/2013 7:48:58 AM)

LOL you have been taken in by teabagger headlines, and lying teabagger imbeciles. No, what it said was . . .

TIGTA also found that the IRS did not track all costs associated with implementation of the ACA including costs not charged to the HIRIF. Specifically, the IRS did not account for or attempt to quantify approximately $67 million of indirect ACA costs incurred for Fiscal Years 2010 through 2012. Indirect costs include, for example, providing employees with workspace and information technology support.

The IRS established a methodology to track ACA costs in its accounting records. However, the IRS accounted for only direct costs, such as labor and contract costs, because it did not believe that indirect costs should be recovered from the HIRIF. The IRS’s use of HIRIF funding only for ACA direct costs is consistent with the HIRIF requirements.

However, by not also identifying and tracking indirect costs, the IRS lacks complete information regarding the full cost of ACA implementation. This lack of complete information on ACA implementation costs limits the IRS’s ability to accurately report to stakeholders the total resources it applied to the ACA implementation and fully estimate the resources needed in the future for this effort.


They did not account for $67 million of indirect implementation costs properly.




DsBound -> RE: And we're being policed by these guys? (9/26/2013 7:56:22 AM)

quote:

ORIGINAL: mnottertail

They did not account for $67 million of indirect implementation costs properly.


Wow, so they didn't account properly for 67 million?? What makes anyone think they keep could keep track of a measly $10k for health insurance tax? lol

And I corrected it... my fingers got excited. [;)]




mnottertail -> RE: And we're being policed by these guys? (9/26/2013 7:58:56 AM)

With some what? Last I knew of, 346 separate accounting systems (and of course our fine GAAP instead of honest accounting practices like ISO) and 346 interpretations of that, there is bound to be some glitches, and that is why they have auditors.




DsBound -> RE: And we're being policed by these guys? (9/26/2013 8:02:45 AM)


quote:

ORIGINAL: mnottertail

With some what? Last I knew of, 346 separate accounting systems (and of course our fine GAAP instead of honest accounting practices like ISO) and 346 interpretations of that, there is bound to be some glitches, and that is why they have auditors.


We may not agree on some things, but hey, I like your optimism!




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