Day: February 20, 2020

Internal Audit Finds UCLA Lacks Oversight of Admissions

An internal University of California audit released Friday found systemwide flaws with tracking athletes, artists and students who don’t meet minimum admission requirements. The 2019 athletics admissions scandal prompted the audit, which was intended to ensure the admissions process has measures to prevent third-party influences, according to the report. In Read More

PCAOB

White House Proposes Rolling Audit Watchdog PCAOB into SEC

Tucked inside the Trump Administration’s $4.8 Trillion budget proposal for fiscal year 2021, released last week, is a plan that has caught the eye of Big Four auditors and internal auditors as well: The White House has proposed to merge the Public Company Accounting Oversight Board into the Securities and Read More