Homeland Security Today

Auditor Finds Weaknesses in DHS’ Internal Control Over Financial Reporting

The Office of Inspector General (OIG) has published the findings of this year’s annual audit of the Department of Homeland Security’s (DHS) consolidated financial statements and internal control over ...
Nasdaq

Nidec Announces Material Weakness About Nidec’s Internal Control Over Its Financial Reporting

It became clear that, at Nidec Drive Technology, a consolidated subsidiary of the Company, the wrong data was identified for part of the adjustment, such as sales accompanied by transactions between ...
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 ...
Accounting Today

What private companies get wrong about internal controls

Why should private companies care about internal controls? These are the relevant controls each company should have in place to reasonably ensure their financial data is complete and accurate. The ...
Nasdaq

Cavco Industries: Navigating the Risks of Internal Financial Control Weaknesses

Cavco Industries, Inc. (CVCO) has disclosed a new risk, in the Accounting & Financial Operations category. Cavco Industries, Inc. faces a significant business risk due to potential weaknesses in its ...
The Durango Herald

Stung by embezzlement, city considers internal financial control options

A fraud examiner Tuesday told Durango City Council the average fraud is discovered within 24 months and the average amount stolen from government bodies is $75,000. By comparison, former finance ...
The Business Journals

Is it an internal control or is it a process? Here’s why it matters

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Internal controls are a major part of any modern-day entity ...
JournalofAccountancy

Evaluating blockchain and internal control through a COSO lens

Blockchain technology can be used to improve risk management and create better controls for organizations, according to a new paper released Tuesday by the Committee of Sponsoring Organizations of the ...
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, ...
JournalofAccountancy

Internal control focus critical as a result of pandemic changes

For many organizations, the coronavirus pandemic has led to significant changes in day-to-day operations, working environments, and internal controls. SEC Deputy Chief Accountant Diana Stoltzfus ...
Business Wire

Nidec Announces Material Weakness About Nidec’s Internal Control Over Its Financial Reporting and Its Corrective Actions Implemented

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) announces today that the Company has stated in the internal control report for the fiscal year ended March ...