The Public Company Accounting Oversight Board has issued an alert cautioning auditors about the significant number of audit deficiencies that the PCAOB staff has seen in the past three years related ...

The Public Company Accounting Oversight Board is seeing some improvements in audits of internal control over financial reporting, but also some contradictory findings. In a speech last week during the ...

Although the independent public accounting firm KPMG LLP (KPMG) issued an unmodified (clean) opinion on DHS’s consolidated financial statements, and noted that the financial statements present fairly, ...

HIGHLAND >> State Bridge Authority officials have been told there are only minor concerns in oversight for three areas of internal controls for the agency’s operations. The information was part of an ...

Editor’s Note: This is the second of a three-part series summarizing recent state audit reports. Part two and part three will detail the performance audit released for the Tennessee Department of ...

“significant deficiencies in the design or operation of internal control that could adversely affect MHBE’s ability to maintain reliable financial records, operate effectively and efficiently, and/or ...

Vicksburg mayor says prior administration spent $7.29M more than it took in, left utilities running losses and ignored ...

SUNBURY — An audit for the Sunbury Police Department concerning overtime reimbursement for special drug investigations found “a significant deficiency of internal control,” according to a report done ...

and finances revealed a clean report overall but highlighted "significant deficiencies" in internal controls and "material weaknesses." The city also overexpended by a combined $2.7 million the ...

Laguna Beach’s Citizens’ Audit Review and Measure LL Oversight Committee presented the results of the city financial audit for the 2017-18 fiscal year on Tuesday. The committee, composed of seven ...