The company said it has adopted 23 ongoing "action plans" to track and implement recommended improvements, all of which will ...
UnitedHealth Group said Friday that the consultants it hired to audit its operations found they’re not only “robust,” but ...
This explains how internal audit focuses on ongoing risk prevention while forensic accounting investigates suspected fraud. The key takeaway is that one is proactive and advisory, while the other is ...
The National Financial Reporting Authority (NFRA) has issued a stern circular to audit firms regarding the improper maintenance and archival of audit files.
Financial controls have historically depended on a review cycle. Auditors finally investigated what had happened after some time had passed and transactions had ...
NFRA requires statutory auditors to assemble, archive, and submit audit files promptly, ensuring audit documentation is authentic, complete, and retrievable under professional ...
Grant County Fire District 7 has recently undergone its first federal audit due to the receipt of over a million dollars in ...
The U.S. Department of Housing and Urban Development’s Office of Inspector General is conducting an audit of the Chicago ...
Alvin Tan Yong Joon of Kinexus Legal on why employers confuse procedural steps with fairness, what the Eddie Tan case means for handling new evidence, and why 'organizational forgetfulness' creates le ...
THERE has been so much noise lately on the Bureau of Internal Revenue’s (BIR) issuance of letters of authority (LOAs) to ...
The PCAOB found that Jennifer Crofoot, a CPA then working as an audit partner at Fruci & Associates II, violated rules and standards in connection with four audits.