The report is the culmination of an internal audit, where the internal auditors describe what they found, provide evidence of the issues that were detected, and the corrective action that they ...

Financial institutions need to remain vigilant about managing anti-money laundering and Bank Secrecy Act (AML/BSA) compliance in 2025. As the financial ecosystem becomes increasingly complex, and as ...

The Committee of Sponsoring Organizations of the Treadway Commission’s publication relies on its proven internal control framework to help companies manage AI-related risks.

For the second consecutive year, the Office of the Inspector General has found the House to not have effective internal control of its financial reporting. The results of a 2010 audit of the House’s ...

In settings where both the audit committee is highly effective and the financial statement auditor intends to issue a more detailed audit report, corporate managers are more likely to disclose risks ...

The University of New Orleans failed to maintain an effective internal audit function and did not fully comply with financial reporting standards, according to a recent audit conducted as part of the ...

Companies whose audit committees disclose involvement in the selection of the audit partner experience higher levels of audit and financial reporting quality. Companies whose audit committees disclose ...