The November collapse of cryptocurrency exchange FTX serves as a lesson of what happens when a corporation avoids internal audits of its own financial operations. A new article examines how such ...

Auditors who issue adverse opinions regarding a client's internal controls can find their careers derailed, according to a recent study. Processing Content The study, released in March, found that ...

If, through an internal financial audit, issues are uncovered or the information a company is able to provide is not the specific, higher-level information needed, it will delay the audit process, ...

Forbes contributors publish independent expert analyses and insights. I am the Jenkins Professor of Accounting at NC State University. Audit partners who issue adverse internal control opinions are ...

MUNCIE, Ind. − A state audit of Muncie government finances during 2022 cited a lack of internal controls in recordkeeping of city revenue and expenditures, including proceeds of federal and state ...

A state audit of Mobile County Public Schools flagged money-handling and purchasing problems tied to four schools, including ...

The most recent audit of the state Department of Agriculture identified “internal control deficiencies and instances of noncompliance with laws, regulations, or policies,” records show. The document ...

A scathing audit conducted by Fort Lauderdale’s city auditor has uncovered questionable purchases made by Fort Lauderdale ...

Following recent news exemplifying a lack of or failed internal controls within agencies throughout the county, a civil grand jury report recommends government entities to establish routine ...

Hospitals are subject to numerous state and federal laws, rules, and regulations, like all healthcare organizations. However, due to their outsized role in our nation's healthcare system, the ...

KYOTO, Japan--(BUSINESS WIRE)-- Nidec Corporation (the “Company”) has made timely disclosures today regarding the submission of the securities report and the internal control report for the fiscal ...

Massachusetts’ Cannabis Control Commission (CCC), the agency responsible for overseeing the state’s $8 billion marijuana industry, has been plagued by mismanagement, noncompliance with state ...