After several years of sluggish activity, the public markets are showing renewed momentum, from traditional initial public offerings (IPOs) to mergers with special purpose acquisition companies (SPAC) ...
While it’s auditors who have taken heat the past few years over internal control over financial reporting, the Securities and Exchange Commission is exploring whether management’s evaluation of ...
The litigation follows the company's bombshell disclosure that its financial statements for the past two fiscal years can no longer be relied upon due to material accounting errors. The lawsuit, ...
UK financial services firms, which faced £1bn worth of fines since 2021 for internal control failings, should be “seriously concerned”, says the Chartered Institute of Internal Auditors (CIIA). More ...
In the world of compliance and ethics, the Citigroup internal control debacle serves as a glaring reminder of the critical importance of robust, well-designed, functioning and effective internal ...
Boards and audit committees now expect defensible, evidence-based insight into emerging risks and assurance gaps, not ...
Internal audit proves its value in a constrained economyBy Arlene-Lynn Volmink, CEO, Institute of Internal Auditors (IIA) South AfricaIssued by The Institute of Internal Auditors of South ...
Auditors are making too many mistakes in their audit of internal control over financial reporting, prompting a new warning from the Public Company Accounting Oversight Board to pay closer attention to ...
The litigation follows the company's bombshell disclosure that its financial statements for the past two fiscal years can no longer be relied upon due to material accounting errors. The lawsuit, ...