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 ...

A revised audit report for Balmer Lawrie's FY26 accounts, issued after CAG observations, has flagged additional doubtful ...

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 ...

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 ...

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 ...

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 ...