While audits are not designed to root out every instance of fraud, auditors have a responsibility to detect material misstatements in the company's financial ...

FILE - In this Jan. 8, 2021, file photo, California Gov. Gavin Newsom outlines his 2021-2022 state budget proposal during a news conference in Sacramento, Calif. A scathing state audit released Jan.

With the wave of financial scandals hitting the economy, audit committees are facing enhanced scrutiny from investors and the media. In this environment, the challenges facing the audit committee are ...

Thursday marked the release of the second audit in as many days of the California Employment Development Department, or EDD. The first detailed mismanagement and a lack of preparedness for economic ...

Monitoring and controlling your auto dealership's assets helps minimize the chances of losing money to internal fraud. You can't prevent every fiscal irregularity, but you can minimize exploitable ...

The Minnesota Department of Human Services (DHS) has begun "enhanced prepayment review" of Medicaid service programs, ...

“Under U.S. law, if an individuals (sic) procures citizenship on a fraudulent basis, that is grounds for denaturalization,” DHS spokeswoman Tricia McLaughlin toldNewsNation. “We are certainly auditing ...

The Washington County Prosecuting Attorney's Office has closed its investigation into Lincoln's accounting abnormalities on ...

The federal government estimated that 11% of all payments likely had some flaw, potentially impacting $231.4 million in child ...

In the face of a new scathing audit about California's failure to prevent billions in unemployment insurance fraud, Gov. Gavin Newsom's administration is putting blame on the federal government and ...