washington, d.c.--(newsfile corp. - june 21, 2023) - the securities and exchange commission today charged audit firm marcum llp with systemic quality control failures and violations of audit standards ...

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, ...

NASHVILLE - A new audit by the Tennessee comptroller of the treasury finds that while Chattanooga State Community College has made strides over the past two years in addressing deficiencies identified ...

The Public Company Accounting Oversight Board offered insights Thursday on the remediation process that audit firms need to undergo when addressing problems PCAOB inspectors have found with their ...

Laguna Beach’s Citizens’ Audit Review and Measure LL Oversight Committee presented the results of the city financial audit for the 2017-18 fiscal year on Tuesday. The committee, composed of seven ...

ASHEVILLE - After last year's historic clean audit following four years of significant findings of corruption surrounding the scandal of former County Manager Wanda Greene and its fallout, Buncombe ...

The Department of Veterans Affairs “continues to face significant challenges” in complying with the Federal Information Security Modernization Act—or FISMA—according to an audit released by the VA ...

The Public Company Accounting Oversight Board has been requiring auditing firms to conduct engagement quality reviews ever since 2009 as a way to improve audit quality, but the number of auditing ...

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 ...

Overpayment to staff on leave, hundreds of employees enrolled in the wrong compensatory leave plan and a failure to distribute and test a disaster recovery plan were highlighted in a recent audit of ...

What is the purpose of audit planning if the audit may not ultimately follow the carefully thought out plan? As may be inferred from Dwight D. Eisenhower’s words—”Plans are worthless, but planning is ...