KCER EHA Faces $45 Million Cash Deficit
An audit of the KCER EHA agency revealed a significant financial shortfall, including a $45 million cash deficit and $13 million unaccounted for. Auditors described the reconciliation process as extremely difficult, suggesting a major organization-wide overhaul is needed to fix the problems.
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Sources · 7 independent
KIRO FM Seattle
“an audit revealed a $45 million cash deficit and $13 million that went missing from the agency. Our accounting team spent a lot of time on attempting to reconcile the balance.”
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