After an internal audit, the largest super PAC in 2011-2012, Restore Our Future, yesterday filed fourteen amended campaign finance disclosure reports with the Federal Election Commission (FEC). These will more than likely trigger a full audit by the FEC which tends to focus on systemic issues and accounting procedures that are inadequate to ensure compliance with the law. The amended reports show that expenditures were under reported and the super PAC had $857,420 less than reported in cash on hand. Auditors, as well as donors who contributed to the PAC, may wonder how the treasurer could have misstated their cash on hand figure on fourteen separate reports over the 2011-2012 cycle, when it is the easiest figure to match with each monthly bank statement. FEC auditors will also be looking for an accounting system that has more than one person accountable and that provides double checks. The PAC now reports $425,357 cash on hand as of 12/31/12. They may have to raise additional funds to to handle an FEC audit and compliance issues.