The report is the culmination of an internal audit, where the internal auditors describe what they found, provide evidence of the issues that were detected, and the corrective action that they ...

Forbes contributors publish independent expert analyses and insights. I am the Jenkins Professor of Accounting at NC State University. In settings where both the audit committee is highly effective ...

For the second consecutive year, the Office of the Inspector General has found the House to not have effective internal control of its financial reporting. The results of a 2010 audit of the House’s ...

Good morning. Audit committees, which are often composed of directors with an extensive background in finance or accountancy, like CFOs, carry a lot of weight on corporate boards. And their workloads ...

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 ...

PwC’s 2023 global internal audit study has highlighted the need for companies to rethink their strategy to make them commercially viable in 10 years. This is due to increasing trends in abuse. The ...

Cleveland State Community College must address significant issues in its financial reporting processes, according to an audit released Tuesday by Tennessee State Comptroller Jason Mumpower's office.