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 ...

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 ...

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 ...

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 ...

SOUTH BEND, Ind. (WNDU) - A recent audit of the South Bend Community School Corporation released by the Indiana State Board of Accounts identified a “systemic issue” of a lack of internal control ...

After several years of sluggish activity, the public markets are showing renewed momentum, from traditional initial public offerings (IPOs) to mergers with special purpose acquisition companies (SPAC) ...

A state audit of Mobile County Public Schools flagged money-handling and purchasing problems tied to four schools, including ...

A scathing audit conducted by Fort Lauderdale’s city auditor has uncovered questionable purchases made by Fort Lauderdale ...