A small business's internal control system can only be as strong as the rules, policies and procedures put in place to detect fraud, waste or abuse and protect its financial and physical assets.

An internal auditor is a company employee hired to provide independent and objective evaluations of its financial and operational activities.

The first audit of the Oklahoma Turnpike Authority in over 70 years highlights the need for improved internal controls and transparency in contracting processes.

A semi-annual or annual internal audit allows you to gauge the effectiveness of your business's internal control system. Unlike an external audit, which focuses on determining whether financial ...

Prompted by a critical audit, members of the Alexandria City Council are working to establish more defined internal controls ...

If, through an internal financial audit, issues are uncovered or the information a company is able to provide is not the specific, higher-level information needed, it will delay the audit process, ...

An audit of the city of Camas’ finances released by the Washington State Auditor’s office found the city’s internal controls to be inadequate. According to the state’s findings, which were released ...

Day in day out we hear of cases of individuals being indicted and funds missing within organisations. But who are the guardians of integrity and accountability. May is International Internal Audit ...

A growing number of U.S. hospitals are breaching contractual obligations with their banks, highlighting the need for greater internal audit controls that can flag such issues and stop a problem from ...

Are you an auditor engaged to audit an entity that is less complex? If so, you may wonder why you spend time on the audit evaluating internal control. This may seem like an exercise that is much more ...

The El Paso City Council has announced that Adrian Serrano has been appointed as the City’s new Chief Internal Auditor following a national search to lead the City’s Internal Audit Department. The Chi ...

A recent audit into the Children, Youth and Families Department’s handling of funds intended for children’s behavioral health services found more than $4.2 million in misspent dollars and lax internal ...