Responding to widespread taxpayer concerns regarding audit procedures, the Bureau of Internal Revenue (BIR) took a decisive step by suspending tax audits in November. This strategic pause allowed the ...

Following Apple’s recommendation that shareholders vote against a proposed “China Entanglement Audit,” the National Legal and Policy Center (NLPC) has submitted a new filing with the SEC, urging ...

Texas Southern University had “significant weaknesses” in its financial processes that compromised its ability to comply with required purchasing procedures for thousands of vendors, according to ...

WASHINGTON, Dec 19 (Reuters) - For the eighth year in a row, the Pentagon has failed an annual audit, the Department of Defense said on Friday, continuing a pattern of financial accountability ...

The Pentagon failed its financial audit for the eighth consecutive year, the Defense Department said Friday, highlighting the ongoing systemic challenge the nation’s largest federal agency faces in ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

A new report from CPA.com and the AICPA creates a snapshot of what a typical audit firm transformation looks like, based on feedback from 54 U.S. firms of various sizes and maturity levels. “By ...

TALLAHASSEE — A month ago, the city of Daytona Beach was warned by the state government's Joint Legislative Auditing Committee to come into compliance with state law on spending down an $11 million ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

When finance leaders go shopping for audit solutions, their preference for firms leaning into artificial intelligence (AI) and other advanced technologies is growing, right along with their trust.

DAYTONA BEACH — An audit launched to evaluate the city government's employee travel expenditures and reimbursements has found "multiple areas of concern." Those problems include outdated policies, ...

The Minnesota Legislative Auditor found a dozen financial issues that needed to be corrected in the Office of Governor Tim Walz and Lt. Governor Peggy Flanagan. There are no allegations of fraud — the ...