After audit findings, Alexandria City Council discusses internal controls ordinance

The Indiana State Board of Accounts alleges the city misspent funds, hired a contractor illegally, overspent cash balances and failed to report conflicts of interest. The board’s report includes ...
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, ...
The Star Press

Lack of internal controls cited by state audit of Muncie government

MUNCIE, Ind. − A state audit of Muncie government finances during 2022 cited a lack of internal controls in recordkeeping of city revenue and expenditures, including proceeds of federal and state ...
Statesman Journal

Audit: Billions in state accounting errors, questionable federal spending

Billions in state accounting errors, millions in questioned spending of federal funds and weaknesses in internal controls were among the findings of a report released Wednesday by the Oregon Audits ...
The Macomb Daily on MSN

Macomb County’s audit report presented over six months late

Editor’s note: This version has been updated to reflect the fact the audit report was given as a “qualified” status by ...
The Columbian

State audit finds Camas’ internal controls are inadequate

An audit of the city of Camas’ finances released by the Washington State Auditor’s office found the city’s internal controls to be inadequate. According to the state’s findings, which were released ...
Morningstar

Nidec Announces its Important Notice Regarding Annual Securities Reports, etc.

Nidec Announces its Important Notice Regarding Annual Securities Reports, etc. Nidec Corporation (the “Company”) has made timely disclosures today regarding the submission of the securities report and ...
The Santa Fe New Mexican

'No surprises:' Risk assessment identifies concerns with city workplace culture, internal controls

A risk assessment report prepared for the city of Santa Fe as part of an internal audit highlights many issues noted in recent financial reports and during City Council discussions, including problems ...
Nasdaq

Macy’s identifies material weakness in internal control over financial reporting

In a regulatory filing, Macy’s (M) said that in the course of preparing the company’s financial statements for the interim period ended November 2, 2024, management identified a material weakness in ...
The Charlotte Weekly

Indian Trail receives clean audit report for FY24-25

The Town of Indian Trail received a clean bill of financial health for fiscal year 2024-25, according to a review of its ...
Seeking Alpha

Nidec Announces its Important Notice Regarding Annual Securities Reports, etc.

KYOTO, Japan--(BUSINESS WIRE)-- Nidec Corporation (the “Company”) has made timely disclosures today regarding the submission of the securities report and the internal control report for the fiscal ...