The regulator pointed to gaps in auditor independence, internal controls and the examination of related-party transactions.

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, ...

GREENE LIGHT: The indictments of former Buncombe County Manager Wanda Greene and other former county employees helped CliftonLarsonAllen identify issues with the county's financial controls. Photo by ...

Support VTDigger’s local nonprofit news and you could win a $250 gift card to Johnson Woolen Mills. NORWICH — An independent audit of town financial records last fiscal year identified a list of ...

Billions in state accounting errors, millions in questioned spending of federal funds and weaknesses in internal controls were among the findings of a report released Wednesday by the Oregon Audits ...

PHOENIXVILLE – Poor accounting and financial controls from 2015 to 2019 cost Phoenixville Area School District taxpayers nearly $90,000 and made about $4.6 million difficult and sometimes impossible ...

The new audit risk standards require the auditor to understand and respond to risks of material misstatement, whether due to errors or fraud. In reaching that understanding, auditors should identify ...

An audit report released by the North Carolina State Auditor claims to show a lack of proper accounting and financial reporting by managers and the board of the Global TransPark (GTP) in Kinston.

NFRA flags shortcomings in audit quality inspections of seven CA firms, citing gaps in independence, HR policies, ...

MIAMI-- City leaders in Opa-locka say they are course correcting after uncovering $50 million in misused city funds. Interim City Manager Darvin Williams said poor financial management from a previous ...