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 Form C 278 Sc 2019

Sc C 278 2019-2025 Form

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Instructions and help about form c 278

a panel of South Carolina lawmakers are looking into an overstatement by the state's top accountant the error was discovered and corrected last fall but lawmakers became aware of the issue recently our Jason Raven tells us how we got here last month the State Comptroller General acknowledged the error and he says it inflated the state's cash balances by 3.5 billion dollars in his office's yearly financial report South Carolina comptroller General Richard Eckstrom said the error dates back the last 10 years at least corn to ekstrom the state's accounting system had over counted the cash sent to colleges and universities in South Carolina and compounded over the years the accounting document is 3.5 billion dollar error was in is used by the national ratings agencies to determine South Carolina's credit rating who's responsible for the accurate reporting I'm responsible my office is did you believe that the reporting was accurate bel

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