A small business's internal control system can only be as strong as the rules, policies and procedures put in place to detect fraud, waste or abuse and protect its financial and physical assets.

The internal audit function can help the enterprise pursue innovation responsibly by encouraging the development of risk ...

Broker-dealers are operating in an increasingly complex risk environment shaped by evolving regulatory expectations, rapid ...

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 internal audit control system is like a good diet and exercise plan. Like the measures you take to protect your health, it consists of all the policies and procedures you have in place to protect ...

Are you an auditor engaged to audit an entity that is less complex? If so, you may wonder why you spend time on the audit evaluating internal control. This may seem like an exercise that is much more ...

As the cost of compliance continues to increase, risk managers are finding that collaboration across the three lines of defense can achieve an integrated risk management solution that optimizes ...

NFRA inspection reports on four major audit firms highlight the need for stronger internal controls, improved documentation ...

The six largest audit firm networks have agreed with international audit regulators on a new initiative to achieve a measureable reduction in audit deficiency findings by 2019. Processing Content The ...