Monday, October 05, 2015
Current Weather
Loading Current Weather....
Published: Tuesday, 9/12/2006

BWC hires Pittsburgh firm as its new auditor


COLUMBUS - The embattled Ohio Bureau of Workers' Compensation has a new firm in place to audit its books.

The Ohio Controlling Board yesterday approved a request from State Auditor Betty Montgomery to commit $550,000 to hire Schneider Downs & Co., based in Pittsburgh, to conduct the 2005 and 2006 audits of the agency that has been gripped by scandal for more than a year. The board approved the decision with a 5-2 vote.

Schneider Downs & Co. will replace KPMG, the bureau's previous auditing firm, which was terminated earlier this year after its auditors would not release an opinion on the agency for 2005 before the conclusion of ongoing criminal investigations. The auditor's office said yesterday that KPMG has already collected $297,000 for its work on the 2005 audit. Yesterday, Gov. Bob Taft appointed Charles Kranstuber, of Dublin, to service on the Workers' Compensation Oversight Commission. Mr. Kranstuber, an attorney with Livorno & Arnett Co., replaced Thomas Bainbridge, whose term expired.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Points of Interest