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 ...

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 ...

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, ...

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 ...

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 ...

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 ...

A performance audit of the Philipsburg-Osceola Area School District found internal control deficiencies in several areas. Centre Daily Times, file An audit of the Philipsburg-Osceola Area School ...

“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 ...

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 ...