After audit findings, Alexandria City Council discusses internal controls ordinance

The Indiana State Board of Accounts alleges the city misspent funds, hired a contractor illegally, overspent cash balances and failed to report conflicts of interest. The board’s report includes ...
Smart Business Magazine

Why internal controls are important for an efficient internal financial audit

If, through an internal financial audit, issues are uncovered or the information a company is able to provide is not the specific, higher-level information needed, it will delay the audit process, ...
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 ...
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 ...
The Columbian

State audit finds Camas’ internal controls are inadequate

An audit of the city of Camas’ finances released by the Washington State Auditor’s office found the city’s internal controls to be inadequate. According to the state’s findings, which were released ...
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 ...
Morningstar

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

Nidec Announces its Important Notice Regarding Annual Securities Reports, etc. Nidec Corporation (the “Company”) has made timely disclosures today regarding the submission of the securities report and ...
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 ...
The Charlotte Weekly

Indian Trail receives clean audit report for FY24-25

The Town of Indian Trail received a clean bill of financial health for fiscal year 2024-25, according to a review of its ...
The Macomb Daily on MSN

Macomb County’s audit report presented over six months late

The long-awaited, tardy 2024 audit report for Macomb County last week gave an “unqualified” status of the general fund, four “material weaknesses” and a deficiency for its finance statements for the ...
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 ...