Gee, it was just a tiny error. (Those decimal points are tricky!!) COLUMBIA, S.C. (AP) — South Carolina's embattled top accountant will step down next month after a $3.5 billion error in the year-end financial report he oversaw, according to a resignation letter written Thursday that was obtained by The Associated Press. Republican Comptroller General Richard Eckstrom's decision to leave the post he has held for 20 years came after intense scrutiny of his performance following the blunder and amid rising calls for him to either quit or be removed. https://www.yahoo.com/finance/news/south-carolina-comptroller-resign-3-144920415.html
From the article: Eckstrom has said the Annual Comprehensive Financial Report exaggerated the state's cash balances for a decade by double counting the money sent to colleges and universities. The mistake went unsolved until a junior staffer fixed the error this fall. Now there's a resume enhancer. -Removed K-cups, returned to bulk coffee. Saved $11,250 each year. -Switched to refillable pens. Expected returns $22,450 per annum starting in Year 3. -Found and remediated $3,500,000,000 error during standard audit. Relationship with boss is deteriorating.
I used to hear that the only thing worse than not having the full involvement of marketing in developing a product, was not having involvement of marketing at all. Looks like the same thing applies to bean counters.