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 ...

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, ...

The Public Company Accounting Oversight Board is seeing some improvements in audits of internal control over financial reporting, but also some contradictory findings. In a speech last week during the ...

As part of a financial statement audit, auditors are required to obtain an understanding of a company's internal control system. Internal control is an interconnected web of policies, procedures, ...

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 ...

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

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 ...

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 ...

Nidec Corporation (the "Company") has made timely disclosures today regarding the submission of the securities report and the internal control report for the fiscal year ended March 31, 2025, partial ...