Mismanagement of ARPA funds have come to light in a recent audit of the city's Albany for All initiative, a $25 million ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. As the onset of the new tax accounting reporting standard approaches, external ...

The more common CAMs may relate to areas involving a high degree of estimation, such as goodwill impairment, intangible assets, acquisitions, taxes, and illiquid investments, among other issues. It ...

The report is the culmination of an internal audit, where the internal auditors describe what they found, provide evidence of the issues that were detected, and the corrective action that they ...

Have you ever pulled up your personal finances, only to find that something doesn’t add up? As you go back through and check each individual transaction to find the mistake, you’re actually performing ...

California’s new cybersecurity audit requirements may not take effect until 2028, but the compliance timeline starts much sooner. The ...

AN INCREASE IN AUDITOR CHANGES HAS LED t o an increase in reaudits, raising unique practice considerations for the CPAs that perform them. Reauditors can use the guidance in SAS no. 84, Communications ...

The report said the two paid vouchers had identical contract references, amounts, and narrative descriptions, indicating a ...