Many growing companies place great trust in long-time employees who handle key financial duties. That trust is valuable, but ...

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, ...

Internal controls are systems and procedures designed to ensure that all employees perform their duties ethically and honestly. Accounting controls deal specifically with the integrity of internal ...

An annual audit of the Department of Homeland Security’s (DHS) consolidated financial statements and internal control over financial reporting has been carried out by the independent public accounting ...

<p>Indian regulations on financial reporting are being aligned to international practices and the introduction of Internal Financial Controls (IFC) in the Companies Act 2013 is reflective of this ...

Internal accounting controls govern your financial system. "Management is responsible for developing and maintaining effective internal control," reports the U.S. Whitehouse Office of Management and ...

On March 30, 2023, the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”), an organization comprising five private-sector organizations with the goal of helping companies ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

A fraud examiner Tuesday told Durango City Council the average fraud is discovered within 24 months and the average amount stolen from government bodies is $75,000. By comparison, former finance ...

The city of Durango’s new finance director is ready to take on the financial systems that allowed 11 years of embezzlement by the former finance director to go unchecked. Cynthia Sneed of Arizona, who ...

Beyond Meat delayed the release of its third-quarter earnings report until next week as it tries to quantify a charge in its results. The alternative protein company said in a filing Friday there was ...

The Office of Inspector General (OIG) has published the findings of this year’s annual audit of the Department of Homeland Security’s (DHS) consolidated financial statements and internal control over ...