The University of New Orleans failed to maintain an effective internal audit function and did not fully comply with financial reporting standards, according to a recent audit conducted as part of the ...

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 ...

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 ...

In 2024, the global M&A market experienced a notable resurgence after two challenging years. By the end of 2023, the market had seen a 34.7% decline in deal value from the peak levels of 2021. 1 ...

Companies that went public before the slowdown in the IPO and SPAC markets have been having trouble complying with the internal control audit requirements of the Sarbanes-Oxley Act, according to a ...

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 ...

SOUTH BEND, Ind. (WSBT) — A state audit has raised serious concerns about past financial oversight within South Bend Community Schools. The report, which covers July 2022 to June 2023, identified what ...

During the opening months of the year, many fast-growing companies will consider how to start off 2025 strong. The to-do list may include objectives like securing additional funding, exploring ...

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 ...

CAG’s 2026 Performance Audit Report on Project Imports flags revenue implications of ₹2,128.58 crore and procedural ...