The audit also raised concerns over staffing issues, unapproved timecards and remote work.

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 ...

From identifying and assessing the risk of material misstatement due to fraud to designing and performing audit procedures responsive to those risks, addressing the risk of fraud is challenging.

Aging prison facilities, chronic staffing shortages and outdated technology are putting Oregon's correctional system at ...

The audit profession is based on integrity, so when a business is thinking about partnering with an audit firm, there is a lot to consider. Aside from the obvious — like qualifications, experience, ...

Editor’s note: This is the third article in a four-part series that is part of a larger initiative the AICPA Auditing Standards Board (ASB) has undertaken to understand and support technology use in ...

The audit follows multiple issues of questionable spending and work environment issues under former town manager Sean Stegall ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The debate about responsible financial reporting has not been sidelined by the COVID-19 pandemic. In fact, the future of audit—and how it should adapt to changing stakeholder demands—has only grown in ...