The Stockton Record on MSN

Audit finds Stockton’s financial controls weak, millions in discrepancies

Auditors found widespread internal control failures in Stockton’s finances, including accounting errors, delayed reporting ...
MEAT+POULTRY

Beyond Meat postpones announcement of Q4 financial results

Beyond Meat expects to announce its latest financial results on March 25. The company said preliminary results show full-year sales as of Dec. 31 are expected to be approximately $275 million, down ...
WRAL

NC battleship commission made $2.1M in financial reporting errors, state audit says

The USS North Carolina Battleship Commission says it is working to strengthen internal controls over financial reporting to comply with state law. The audit didn't allege criminal wrongdoing. The ...
KTBS

Auditor cites Mansfield for noncompliance, internal control deficiencies, financial reporting weaknesses

MANSFIELD, La. – The City of Mansfield did not comply with the state public bid law, failed to amend its budgets, didn’t publish meeting minutes and violated the state Constitution’s prohibition on ...
WECT

Audit finds financial reporting errors and inadequate management by USS North Carolina Battleship Commission

WILMINGTON, N.C. (WECT) - In its annual audit of the USS North Carolina Battleship Commission, the Office of State Auditor Dave Boliek identified more than $2 million worth of financial reporting ...

State audit finds 'systemic' control issues at South Bend schools; district says reforms underway

The reports cite material weaknesses in financial processes and federal program compliance.
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

Internal audit and the CFO: 5 safeguards to independence

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 ...
JD Supra

What Public Companies Should Know as SEC Accounting and Auditing Enforcement Actions Witness Significant Drop

During last month’s Securities Enforcement Forum in Washington, DC, securities enforcement and white collar criminal defense attorneys highlighted an important shift of priorities happening within the ...
Seeking Alpha

Super Micro Computer dips after raising concerns about financial controls

Shares of Super Micro Computer (NASDAQ:SMCI) fell about 5% on Friday after the company cautioned that weaknesses in its controls related to financial disclosures may, if not remedied, hamper its ...