A small business's internal control system can only be as strong as the rules, policies and procedures put in place to detect fraud, waste or abuse and protect its financial and physical assets.

The Center for Audit Quality has published a free online reference source for public company auditors with lessons on performing audits of internal control over financial reporting. Processing Content ...

The Committee of Sponsoring Organizations of the Treadway Commission’s publication relies on its proven internal control framework to help companies manage AI-related risks.

A semi-annual or annual internal audit allows you to gauge the effectiveness of your business's internal control system. Unlike an external audit, which focuses on determining whether financial ...

Auditors have pointed to dozens of concerns about fiscal safeguards at Ventura County Medical Center, tying the issues to the tone set by top leadership. The four-month, $100,000 audit was conducted ...

An internal auditor is a company employee hired to provide independent and objective evaluations of its financial and operational activities.

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 ...

I continue my blog post series on the Holder Report (Report) to the Board of Directors of Uber Technology, Inc. (Uber) where the Board asked Holder’s law firm, Covington & Burling LLP (Covington), to ...

Prompted by a critical audit, members of the Alexandria City Council are working to establish more defined internal controls ...

A variety of state agencies failed to accurately report their financial obligations or revenue earned during the prior fiscal ...