When your company doesn't have adequate controls in financial management, you don't know the true financial situation of the company and you may report incorrect amounts to authorities for tax and ...

As organizations race to achieve outsized benefits from AI, CFOs must address a frequently overlooked driver of optimal AI ...

Enhanced lender confidence: A well-governed ASM framework signals strong internal controls, reducing the perceived ...

Strong internal controls help prevent fraud, protect assets, and build trust. Learn key steps small businesses can take to reduce risk and improve oversight.

Purpose: To provide information about administering departmental finances. This section notes significant policies and procedures, provides an overview of internal control, gives suggestions for ...

Internal control is not just one action, but a series of actions designed to safeguard the assets of the university. This section of the Guide describes internal control activities that should be ...

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 ...

The National Food Buffer Stock Company (NAFCO) has inaugurated its first-ever Audit Committee since the company’s ...

The department’s so-called “audit improvement plan” is nothing more than window dressing. It is a disgrace that six years ...