A small business's internal control system can only be as strong as the rules, policies and procedures put in place to detect fraud, waste or abuse and protect its financial and physical assets.

Sixthfin T&E Controls Analyses 100% of Expense Claims After Approval. London, United Kingdom, Oct. 20, 2026 (GLOBE NEWSWIRE) -- Finance, ...

An internal audit helps a company ensure it has the proper controls, governance and risk management processes in place, according to the Institute of Internal Auditors. By nature, it's an independent ...

In response to a confluence of regulatory statements and standard-setting activities, companies, audit committees, auditors and regulators have increased their focus on internal control over financial ...

The Securities and Exchange Commission is proposing to limit the requirements under the Sarbanes-Oxley Act for audits of internal controls over financial reporting, making them apply to only the ...

The November collapse of cryptocurrency exchange FTX serves as a lesson of what happens when a corporation avoids internal audits of its own financial operations. A new article examines how such ...

Wharton's Daniel Taylor discusses his research on why proposed SEC changes on small firm audits could lead to more accounting scandals. The Securities and Exchange Commission proposed in May to exempt ...

The Sarbanes-Oxley Act of 2002 significantly expanded oversight of public companies following high-profile accounting scandals at Enron and WorldCom. Among its most debated provisions is Section 404(b ...

On Wednesday 21 October 2026, Luxembourg's Minister of Home Affairs, Léon Gloden, presented the findings... }} ...

The new Internal Control—Integrated Framework of the Committee of Sponsoring Organizations of the Treadway Commission (COSO) reached an important transition point this week. In May 2013 COSO issued ...

A reviewer who approves 40 AI-drafted entries in 10 minutes has produced a signature. The auditor will ask for evidence of ...

Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish objectives by ...