GAO reported that four of the five programs reviewed did not fully incorporate all nine criteria into their documented policies and procedures.

Internal controls are the rules, mechanisms, and procedures a company implements to ensure the integrity of its financial and accounting information, promote accountability, and prevent and detect ...

Employee accounting fraud is a possibility for any business. Learn how to prevent and mitigate employee fraud with these tips ...

It often takes a whopping loss or a shocking string of internal emails exposing egregious lapses in business judgement and alleged fraudulent activity to refocus the financial industry on an age-old ...

WASHINGTON, D.C. – The Securities and Exchange Commission (SEC) announced charges against software company SolarWinds and its chief information security officer (CISO), Timothy G. Brown, for fraud and ...

Fraud is a major problem that affects all organizations worldwide. I often tell business owners, it's not a matter of if it will happen — it's when. Because fraud frequently goes undetected or ...

Organizations that approach fraud risk management as an element of operational excellence, rather than a compliance exercise, ...

Internal auditors are seeing increased value from leveraging data analytics for internal controls evaluation, fraud detection and compliance monitoring, according to a new report. The report, released ...

How do you lose track of $40 million? That’s been the question on many people’s minds this week as news spread of a plea deal in a massive embezzlement at the Yale School of Medicine. The top-ranked ...

In another high-profile takedown of a security executive connected to a security breach, the U.S. Securities and Exchange charged SolarWinds and its CISO with fraud and internal failures in connection ...