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An Opportunity for Taxpayer Savings Through Improving Statewide Accounts Receivable Practices
South Carolina Office of Inspector General
South Carolina Office of Inspector General
Abstract
This review was predicated upon FY 2013-2014 Legislative Proviso 117.38, which required each agency to produce a past due debt report, known as the Annual Debt Collection Report, summarizing agency receivables in excess of 60 days. SIG determined a few agencies were exceptional, characterized by a very pro-active approach to policies, debt collection procedures, and metrics for results to drive continuous improvement, while others were complacent. Most agencies landed between these two extremes creating an overall bell curve of how state agencies managed accounts receivables, particularly collecting past due debt.
Issue Date
2015-01
Keywords
Accounts receivable--South Carolina, Collecting of accounts--South Carolina
Type
Text
Rights
Copyright status undetermined. For more information contact, South Carolina State Library, 1500 Senate Street, Columbia, South Carolina 29201.
Digitization Specifications
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