Texas Southern University underwent a state audit recently, and Lt. Gov. Dan Patrick, who requested the original ...

Following the state audit of Texas Southern's finances, reports indicate that ‘significant weakness' has been found.

Lt. Gov. Dan Patrick on Wednesday called the audit “beyond disturbing.” He added that his office, together with Gov. Greg Abbott and House Speaker Dustin Burrows, has ended any spending by TSU on ...

The Texas State Auditor found that Texas Southern University overrode safeguards in its financial processes and provided ...

The Department of Defense once again failed to pass its annual audit, the eighth time in as many years since Congress mandated a full accounting of the Pentagon’s expenses.

WisDOT made the error when the department follwed a previous audit bureau recommendation, but overlooked other details in the ...

The American Institute of CPAs’ Auditing Standards Board has posted a group of standards for audit reports and auditing financial statements. Processing Content Statement on Auditing Standards No. 134 ...

Financial statements comprise three important written records: the cash flow statement, the income statement and the balance sheet. Companies furnish financial statements to provide information on ...

After more than 10 years of sounding alarms about the dangers of having internal audit report administratively to the chief financial officer, I must grudgingly concede my warnings have fallen on deaf ...

Although The U.S. Constitution stipulated that “a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time,” it took more than 200 years ...

Preparation of an audit report can be intimidating for most companies. But it doesn't have to be. When preparing for an audit report it's important to understand audit report format, spend time ...

As auditors prepare for a new auditing standard requiring the disclosure of critical audit matters (CAMs) in their reports, they are traveling in uncharted territory and contemplating new information ...