Browsing: Audit

For years, many investors in Bangladesh have judged listed companies mainly by earnings, dividends, and share prices. But a more important warning may be sitting in a place they rarely read carefully: the audit report.

The Department of Veterans Affairs is still failing its Federal Information Security Modernization Act audits, the department’s Office of the Inspector General reported Monday, though the VA said the review’s findings are lacking.

The New York-headquartered global Employer of Record renews its SOC 2 Type II attestation for a full 12-month period, adding to its ISO 27001 and GDPR certifications and its recent A+ platform security rating from Astra Security.

Rotunda of the California state capital building in the early morning light, Sacramento

One year ago, Congress defunded public media. Now that we’re 100% community funded, please become a sustaining member or increase your existing membership today.

BALTIMORE (WBFF) —A new state audit found the Maryland Secretary of State’s Office failed to maintain adequate controls over millions of dollars in collections and did not sufficiently verify payments made through a charity program for state employees, with some financial control problems dating back more than a decade.

The tax, audit & accounting profession has talked about transformation for years as if it were a technology project — move to the cloud, automate workflows, add new tools, get more efficient. However, what’s happening now is fundamentally different.

AI in accounting and financial reporting is accelerating efficiency and expanding analytical reach, particularly in management oversight and financial review. Yet the shift introduces new forms of risk tied to model design, data quality and interpretability. As responsibility moves from manual execution to system oversight, the audit profession must rethink how accountability, judgment and assurance…

The partnership traces back to a three-month Payment Card Industry (PCI) pilot launched in March 2023, which converted to a full platform agreement by May of that year.

While private equity may be transforming the tax, audit & accounting industry by modernizing technology and streamlining work processes, not every firm is sold on it — and many are pursuing alternative growth strategies instead, according to a new white paper