When your company doesn't have adequate controls in financial management, you don't know the true financial situation of the company and you may report incorrect amounts to authorities for tax and ...

Snow covers the grounds of the St. Elizabeth's campus near the Ceremonial Entrance of the Department of Homeland Security's headquarters on Feb. 2, 2021. (DHS photo) The independent public accounting ...

On January 29, 2019, the SEC announced settled enforcement actions against four companies for failures to maintain internal control over financial reporting (“ICFR”) as required by Section 13(b)(2)(B) ...

Companies that disclose control problems ahead of restatements get no pat on the back or other indicators of gratitude from investors. On the contrary, they are more likely to face harsher ...

The SEC announced settled charges against four public companies for failing to maintain internal control over financial reporting, or ICFR, for seven to 10 consecutive annual reporting periods. Two of ...

It became clear that, at Nidec Drive Technology, a consolidated subsidiary of the Company, the wrong data was identified for part of the adjustment, such as sales accompanied by transactions between ...

The Auditor-General of Western Australia on Wednesday tabled a report into the computer systems used at 50 local government entities, revealing 328 control weakness across the group. It was ...

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 ...

An annual audit of the Department of Homeland Security’s (DHS) consolidated financial statements and internal control over financial reporting has been carried out by the independent public accounting ...

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) announces today that the Company has stated in the internal control report for the fiscal year ended March ...