Auditors found widespread internal control failures in Stockton’s finances, including accounting errors, delayed reporting ...

State says South Bend schools errors "can diminish overall confidence in ... financial management." Local officials say many issues already addressed.

The reports cite material weaknesses in financial processes and federal program compliance.

SBCSC acknowledged the audit findings but said governance and procedure reforms were already underway before the report was ...

A state audit is raising serious concerns about financial oversight within South Bend Community Schools.The report which covers July 2022 to June 2023... identi ...

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 ...

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 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When people hear the term internal controls, they often ...

In a regulatory filing, Macy’s (M) said that in the course of preparing the company’s financial statements for the interim period ended November 2, 2024, management identified a material weakness in ...

But internal audit departments that gel with wider enterprise priorities are more likely to get the funding they need, ...

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 ...

KYOTO, Japan--(BUSINESS WIRE)-- Nidec Corporation (the “Company”) has made timely disclosures today regarding the submission of the securities report and the internal control report for the fiscal ...