KTBS

Auditor cites Mansfield for noncompliance, internal control deficiencies, financial reporting weaknesses

MANSFIELD, La. – The City of Mansfield did not comply with the state public bid law, failed to amend its budgets, didn’t publish meeting minutes and violated the state Constitution’s prohibition on ...
The Business Journals

Internal controls protect small and mid-sized businesses from financial fraud and operational risks

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 ...
Hosted on MSN

Super Micro shares slide 5% on internal control weakness disclosure

Super Micro Computer Inc. (NASDAQ: SMCI) saw its shares drop more than 5% on Friday after the artificial intelligence-focused server maker reiterated weaknesses in its internal control over financial ...
Seeking Alpha

Super Micro Computer dips after raising concerns about financial controls

Shares of Super Micro Computer (NASDAQ:SMCI) fell about 5% on Friday after the company cautioned that weaknesses in its controls related to financial disclosures may, if not remedied, hamper its ...
Hosted on MSN

ACCA and IIA report on internal control for sustainability reporting

The Association of Chartered Certified Accountants (ACCA) and The Institute of Internal Auditors’ (IIA) Internal Audit Foundation have produced a report emphasising the importance of internal control ...
WRAL

NC battleship commission made $2.1M in financial reporting errors, state audit says

The USS North Carolina Battleship Commission says it is working to strengthen internal controls over financial reporting to comply with state law. The audit didn't allege criminal wrongdoing. The ...
Forbes

From Fire Drill To Framework: Six Keys To Strong Internal Controls

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) ...
Morningstar

Kyndryl Holdings (KD) Files Amended Quarterly and Fiscal Year Reports Detailing Material Internal Control Weaknesses After 3 Key Executives Depart, Securities Class Action ...

SAN FRANCISCO, Feb. 26, 2026 /PRNewswire/ -- On February 17, 2026, Kyndryl Holdings, Inc. (NYSE: KD) filed two amended quarterly reports and one amended annual report providing further detail about ...
AOL

At IBM spinoff Kyndryl, the stock dives 50% after an accounting probe and CFO exit: ‘The red flags are already out’

Good morning. Kyndryl Holdings is the latest Fortune 500 company to face an accounting and internal control review, prompting a delay in its filings. The tech company, formerly IBM’s managed IT ...
Accounting Today

Internal audit and the CFO: 5 safeguards to independence

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 ...
JD Supra

Navigating the SEC's Potential Shift to Semi-Annual Reporting: Key Considerations for Corporate Leaders

The Situation: At the direction of President Trump, the Securities and Exchange Commission appears poised to propose rules that, if adopted, would permit at least some U.S. public companies to report ...