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 ...

Recent regulatory enforcement actions have reinforced a shift toward process-level scrutiny, with the SEC repeatedly citing ineffective internal controls over ...

Internal control systems are essential for businesses to manage and protect their financial and accounting information and processes. They are the mechanisms, procedures, rules, and practices a ...

Internal control systems are essential to corporate governance, ensuring financial accountability and efficiency. Yet, there are growing signs that such systems are becoming troubled, making it ...

The mission of the College of Environmental Science and Forestry is to advance knowledge and skills, while promoting the leadership necessary for the stewardship of both the natural and designed ...

ACKNOWLEDGING the critical role of public financial management practitioners in local setting, the Department of Budget and Management (DBM) welcomed 36 newly recognized resource persons (RPs) on ...

The audit must be performed by independent, qualified Chartered Accountants, Company Secretaries, or Cost and Management Accountants in practice. These auditors should have no conflicts of interest ...