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 ...

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 ...

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 ...

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 ...

Artificial intelligence adoption is racing ahead. Organizations are accelerating pilots of chatbots and agentic systems to identify opportunities and unlock growth. But while the gas pedal is pressed ...

EDITORIAL: Every few weeks, another audit report exposes billions of rupees in irregularities somewhere within Pakistan’s ...

After several years of sluggish activity, the public markets are showing renewed momentum, from traditional initial public offerings (IPOs) to mergers with special purpose acquisition companies (SPAC) ...

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 ...

SOUTH BEND, Ind. (WNDU) - A recent audit of the South Bend Community School Corporation released by the Indiana State Board of Accounts identified a “systemic issue” of a lack of internal control ...

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 ...

AGP audit of 23 federal ministries reveals billions in financial irregularities, excess spending and recommends stronger ...

For a department that serves as one of the major revenue sources for the state exchequer, the message is clear: the MVD can ...