For the second consecutive year, the Office of the Inspector General has found the House to not have effective internal control of its financial reporting. The results of a 2010 audit of the House’s ...

In settings where both the audit committee is highly effective and the financial statement auditor intends to issue a more detailed audit report, corporate managers are more likely to disclose risks ...

As such, organizations are making their vendors obtain System and Organization Controls (SOC) attestation reports, as mandated by SSAE 16 and SSAE 18. A SOC report is a verifiable auditing report ...

Implementing transparency-first regulatory reporting systems ensures rapid error identification, confident regulatory responses and streamlined knowledge transfer ...

Companies whose audit committees disclose involvement in the selection of the audit partner experience higher levels of audit and financial reporting quality. Companies whose audit committees disclose ...

Legislative auditors released a report on Thursday that had scathing findings for an office that’s been tasked with monitoring the state’s Medicaid program, saying it has “failed to provide effective ...

State lawmakers are promising accountability after a CBS News California investigation found they failed to enact three out of four state audit recommendations. CBS News California built an audit ...

Audit reports show DSS repeatedly mismanages welfare systems, with $5b in age pension errors, long delays, weak oversight and ...