The coronavirus crisis has upended all areas of corporate America and its effects are likely to linger long after the pandemic has passed. A new study indicates that the internal audit profession is no exception and is undergoing some vast changes, due to the current crisis. According to a survey Read More
An audit found that the top managers Sweetwater Union High School District in California may be guilty of fraud and lying to credit rating agencies and the board of trustees. The audit came after the district’s budget came up $30 million short in 2018, with reports that despite knowledge of Read More
A Supreme Court ruling limiting the fines the Securities and Exchange Commission can impose on defendants to repay victims of fraud may lead to lower payouts to whistleblowers. Earlier this week the Supreme Court upheld the SEC’s right to disgorgement of funds that resulted from fraud, in an 8-1 ruling, Read More
GUEST BLOG As the world became chaotic around us earlier this year, internal auditors were pushed to work remotely, upending a lot of the conventional wisdom about what an internal auditor’s job should entail. Similarly, external auditors found themselves in a completely new world. With clients closing their offices, audit Read More
