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 ...

A significant deficiency in internal control over financial reporting will not automatically constitute a critical audit matter that auditors will have to disclose under a new auditing standard, but ...

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 Government Accountability Office levied new recommendations Thursday for how the IRS can address deficiencies found in the operation of its information systems and how it protects assets. The ...

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 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 ...

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 ...

Editor’s Note: This is the second of a three-part series summarizing recent state audit reports. Part two and part three will detail the performance audit released for the Tennessee Department of ...

The Government Accountability Office (GAO) has identified 14 new information system security control deficiencies at the Internal Revenue Service (IRS). Eight of these deficiencies related to access ...