An annual audit of the Department of Homeland Security’s (DHS) consolidated financial statements and internal control over financial reporting has been carried out by the independent public accounting ...

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.

With schools returning to classes soon, we give you a breakdown of Science is Fun and Awesome Learning Academy Charter School’s Fiscal Year 2023 audit and the strategies the program is using to ...

AmpliTech Group (AMPG) has disclosed a new risk, in the Accounting & Financial Operations category. AmpliTech Group faces significant business risk due to identified material weaknesses in its ...

The Securities and Exchange Commission, which has been after public companies to tighten their internal controls as mandated by Sarbanes-Oxley, needs to do some tightening itself, according to the ...

Auditing firms that tend to find material weaknesses in companies’ internal controls are seen as less attractive in the audit market, according to a new study. The study, by Stephen P. Rowe and ...

A semi-annual or annual internal audit allows you to gauge the effectiveness of your business's internal control system. Unlike an external audit, which focuses on determining whether financial ...

A series of administrative blunders resulted in more than $3 million in unemployment benefit being paid out to people who were working, according to a bipartisan report. The Public Accounts Committee ...

The IRS has failed to consistently install appropriate patches on all databases and servers to protect against known vulnerabilities, GAO found. The Internal Revenue Service continues to have ...

The Office of Inspector General (OIG) has published the findings of this year’s annual audit of the Department of Homeland Security’s (DHS) consolidated financial statements and internal control over ...