What Happens To Audit Partners Who Issue Negative Internal Control Opinions?
Audit partners who issue adverse internal control opinions are often replaced and experience unfavorable changes in their ...
The Pentagon has never fully passed an audit. Here's context
Social media users claimed the Pentagon failed seven consecutive audits — but according to auditors, "failed" doesn't capture ...
JournalofAccountancy1d
AICPA auditing board approves two exposure drafts for public comment
The AICPA Auditing Standards Board voted Thursday to separately expose for public comment proposed changes related to attestation review engagements and external confirmations in the AICPA ...
Alleged theft of more than $532K from Pa. township shows the limits of routine audits
While most Pennsylvania local governments are required to file annual financial audits to the state each year, those reports ...
Marine Corps passes financial audit as other branches struggle with compliance
The U.S. Marine Corps passed a full financial audit by the Department of Defense, the military branch announced. The ...
Altoona Mirror2d
Audit of TASD shows no issues
An independent audit of the Tyrone Area School District for the fiscal year ending June 30, 2024, showed the district’s financial statements were in compliance with federal standards. Romulus Comly, ...
Wisconsin Examiner1d
Audit of Milwaukee Public Schools calls for systemic changes to adequately support students
The operational audit was ordered by Gov. Tony Evers after news broke in 2024 MPS was late in submitting to DPI required financial documents.