What Happens To Audit Partners Who Issue Negative Internal Control Opinions?
Audit partners who issue adverse internal control opinions are often replaced and experience unfavorable changes in their ...
JD Supra12h
10 Keys to Conducting an Effective AML/BSA Audit in 2025
Financial institutions need to remain vigilant about managing anti-money laundering and Bank Secrecy Act (AML/BSA) compliance ...
Accounting Today15h
Audit committees eye cybersecurity, risk management priorities
Cybersecurity ranks among the top priorities for audit committees, enterprise risk management, and finance and internal audit ...
Audit finds University of New Orleans lacked effective internal controls
The University of New Orleans failed to maintain an effective internal audit function and did not fully comply with financial ...
OC auditor refers two COVID-funded agreements to district attorney and county counsel for review
The county’s auditor conducted risk assessments of a sample of ARPA-funded contracts to ensure auditing and monitoring ...
Internal audit of American Rescue Plan Act-funded contracts sample find Orange County in compliance
The county’s internal auditor reported that in a sampling of contracts and expenditures paid for with American Rescue Plan ...
Accounting Today1d
The long, tortured debut of the partnership audit regime
The legislation it refers to made various changes to the Internal Revenue Code that made it significantly easier for the IRS ...
Voice of OC1d
OC’s Internal Auditor Suggests Tighter Contract Oversight After Bribery Scandal
It’s unclear if his recommendation will move forward after the county CEO and other top staff told him that wasn’t his call ...
Embracing AI in Internal Audit: An Audit, Risk and Compliance Officer's Guide
Authored by Baker Tilly's Mike Cullen, Himanshu Sharma CHICAGO, IL / ACCESS Newswire / February 6, 2025 / Audit, risk and compliance officers understand that artificial intelligence is here to stay.
kristv8d
CARELESS MISTAKES: Internal audit exposes CCISD’s construction contract failures
An internal audit exposed oversight failures in CCISD's construction management, including over $1.1 million in contractor ...
Morningstar7d
The Institute of Internal Auditors Releases the Cybersecurity Topical Requirement
LAKE MARY, Fla., Feb. 5, 2025 /PRNewswire/ -- The Institute of Internal Auditors (The IIA) today released the Cybersecurity Topical Requirement, the first of several Topical Requirements to be ...