Companies are increasingly turning to outside service providers to help out with their internal audit activities, especially when it comes to specialized work, according to a recent report. An annual survey of global internal audit professionals finds that, on average, one in three corporate internal audit departments worldwide outsource some Read More
Reuters is reporting that the new head of the Consumer Financial Protection Bureau may be behind the lack of progress in the investigation in the Equifax data breach that occurred last fall. “Mick Mulvaney, head of the Consumer Financial Protection Bureau, has pulled back from a full-scale probe of how Read More
Research firm Audit Analytics is predicting that more than a few companies will struggle with the new revenue recognition rule changes. “We have been asked several times whether or not the adoption of the new revenue recognition standard will cause an increase in the number of restatements and control failures. Read More
