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 ...

An audit of the city of Camas’ finances released by the Washington State Auditor’s office found the city’s internal controls to be inadequate. According to the state’s findings, which were released ...

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 ...

An audit covering four years' of operations in state District Court 40-2-01, serving the borough of Indiana and part of White Township, turned up what were termed "inadequate internal controls over ...

MORNING. MICHELLE. THANK YOU. STATE EDUCATION LEADERS ARE LAUNCHING AN AUDIT OF WINSTON-SALEM FORSYTH COUNTY SCHOOLS BUDGETING PRACTICES. WE FIRST TOLD YOU ABOUT THIS REVIEW LAST MONTH, AND NOW WE’RE ...

A state audit noted errors in city of Vancouver’s 2024 financial statements. “Our audit identified deficiencies in the city’s internal controls that hindered its ability to produce accurate financial ...

LONDON (Reuters) -UBS's auditors have expressed an "adverse opinion" on the bank's internal controls over its financial reporting for 2024 after it failed to resolve issues related to misstatements ...

An audit of the state’s troubled Cannabis Control Commission found widespread mismanagement, violations of state regulations, and potential improprieties at the agency charged with regulating the ...

After more than 10 years of sounding alarms about the dangers of having internal audit report administratively to the chief financial officer, I must grudgingly concede my warnings have fallen on deaf ...

This section covers the basics of internal auditing, including the role of internal auditors, ethical practices, and risk management principles. You’ll also learn about fraud detection and the IIA ...

For more than a decade, I have been trying to dispel lingering myths that haunt the modern internal audit profession. Processing Content Some of the myths are based on perceptions, such as "Internal ...