A small business's internal control system can only be as strong as the rules, policies and procedures put in place to detect fraud, waste or abuse and protect its financial and physical assets.

The National Audit Office has flagged limited internal controls and inadequate project management, in a report it submitted to the Speaker of the House on Wednesday. Auditor General Charles Deguara, ...

An internal audit control system is like a good diet and exercise plan. Like the measures you take to protect your health, it consists of all the policies and procedures you have in place to protect ...

No matter what internal audit gets called to do, there will always be a cadre of misguided executives and board members who think internal audit is just an extension of the finance function.

Auditors have pointed to dozens of concerns about fiscal safeguards at Ventura County Medical Center, tying the issues to the tone set by top leadership. The four-month, $100,000 audit was conducted ...

The Securities and Exchange Commission is proposing to limit the requirements under the Sarbanes-Oxley Act for audits of internal controls over financial reporting, making them apply to only the ...

I continue my blog post series on the Holder Report (Report) to the Board of Directors of Uber Technology, Inc. (Uber) where the Board asked Holder’s law firm, Covington & Burling LLP (Covington), to ...

The Office of Internal Audit assists UNG's management by providing an independent evaluation of the soundness, adequacy, and application of accounting, financial and other operating controls necessary ...

A performance audit of the Office of the Minnesota Governor and Lieutenant Governor found multiple instances of noncompliance ...