A new state audit levels sharp criticism at previous TSU leaders over financial issues that went uncorrected for years.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When people hear the term internal controls, they often ...

Pierce County Superior Court Clerk’s Office at the County-City Building in Tacoma, Washington, on Tuesday, Dec. 19, 2023. toverman@theolympian.com A state audit released Monday found that the office ...

The Pentagon failed its eighth consecutive financial audit and says it is still working toward a clean opinion by 2028, keeping pressure on defense accountability and oversight.

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 ...

NEW YORK, Dec 2 (Reuters) - An audit of the Ben & Jerry's Foundation, a U.S.-based non-profit solely funded by the brand, found that it had deficiencies in financial controls and governance, according ...

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 ...

In 2018, when I assumed the role of Principal Accountant at Ghana Education Service, our district faced a daunting reality: audit reports revealed systemic financial control weaknesses, repeated ...

The objective of the reporting phase of a financial audit is to present an informed opinion about a business's financial statements, including whether they conform to generally accepted accounting ...

Exercise-bicycle company Peloton Interactive Inc. voluntarily disclosed material weaknesses in its financial-reporting controls when the company filed for an initial public offering last week. Going ...

Texas Southern University has "significant" financial weaknesses, the result of whole departments bypassing established purchase guardrails and the university failing to enforce established contract ...

The Defense Department's fourth annual financial audit highlights ongoing struggles to accurately account for information technology systems and their effectiveness. The DOD's inspector general and ...