The coronavirus pandemic has raised a number of questions about how to properly audit financial statements when internal controls have changed due to dramatic changes in an entity’s business volume ...
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 ...
The widespread use of information technology (IT) can introduce various risks that affect financial reporting and the audit process. To assist auditors in identifying and addressing these risks, the ...
MUNCIE, Ind. − A state audit of Muncie government finances during 2022 cited a lack of internal controls in recordkeeping of city revenue and expenditures, including proceeds of federal and state ...
MORNING. MICHELLE. THANK YOU. STATE EDUCATION LEADERS ARE LAUNCHING AN AUDIT OF WINSTON-SALEM FORSYTH COUNTY SCHOOLS BUDGETING PRACTICES. WE FIRST TOLD YOU ABOUT THIS REVIEW LAST MONTH, AND NOW WE’RE ...
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