The Stockton Record on MSN

Audit finds Stockton’s financial controls weak, millions in discrepancies

Auditors found widespread internal control failures in Stockton’s finances, including accounting errors, delayed reporting ...

'23 state audit finds lack of internal control in South Bend schools

State says South Bend schools errors "can diminish overall confidence in ... financial management." Local officials say many issues already addressed.

State audit finds ‘systemic’ control issues at South Bend schools; district says reforms underway

The reports cite material weaknesses in financial processes and federal program compliance.

South Bend schools responds to audit, cites 'proactive steps' taken

SBCSC acknowledged the audit findings but said governance and procedure reforms were already underway before the report was ...

State audit identifies systemic issue of past financial oversight at South Bend schools

A state audit is raising serious concerns about financial oversight within South Bend Community Schools.The report which ...
The Star Press

Lack of internal controls cited by state audit of Muncie government

MUNCIE, Ind. − A state audit of Muncie government finances during 2022 cited a lack of internal controls in recordkeeping of city revenue and expenditures, including proceeds of federal and state ...
New Orleans City Business

Audit finds University of New Orleans lacked effective internal controls

The University of New Orleans failed to maintain an effective internal audit function and did not fully comply with financial reporting standards, according to a recent audit conducted as part of the ...
The Business Journals

Internal controls protect small and mid-sized businesses from financial fraud and operational risks

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When people hear the term internal controls, they often ...
Nasdaq

Macy’s identifies material weakness in internal control over financial reporting

In a regulatory filing, Macy’s (M) said that in the course of preparing the company’s financial statements for the interim period ended November 2, 2024, management identified a material weakness in ...
Statesman Journal

Audit: Billions in state accounting errors, questionable federal spending

Billions in state accounting errors, millions in questioned spending of federal funds and weaknesses in internal controls were among the findings of a report released Wednesday by the Oregon Audits ...
Forbes

What Happens To Audit Partners Who Issue Negative Internal Control Opinions?

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 ...
Seeking Alpha

Nidec Announces its Important Notice Regarding Annual Securities Reports, etc.

KYOTO, Japan--(BUSINESS WIRE)-- Nidec Corporation (the “Company”) has made timely disclosures today regarding the submission of the securities report and the internal control report for the fiscal ...