U.S. News & World Report

UBS's Auditor Warns Over Bank's Financial Reporting Controls

LONDON (Reuters) -UBS's auditors have expressed an "adverse opinion" on the bank's internal controls over its financial reporting for 2024 after it failed to resolve issues related to misstatements ...
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 ...
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 ...
Business Wire

Nidec Announces Material Weakness About Nidec’s Internal Control Over Its Financial Reporting and Its Corrective Actions Implemented

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) announces today that the Company has stated in the internal control report for the fiscal year ended March ...
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 ...
JD Supra

Beyond Internal Controls: The Importance of Culture in “Failure to Prevent Fraud” Preparation

The Failure to Prevent Fraud (FTPF) offence will officially come into force as part of the Economic Crime and Corporate Transparency Act in September 2025. In a previous article, we explored the ...
Forbes

From Fire Drill To Framework: Six Keys To Strong Internal Controls

After several years of sluggish activity, the public markets are showing renewed momentum, from traditional initial public offerings (IPOs) to mergers with special purpose acquisition companies (SPAC) ...

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.
Morningstar

Kyndryl Holdings (KD) Files Amended Quarterly and Fiscal Year Reports Detailing Material Internal Control Weaknesses After 3 Key Executives Depart, Securities Class Action ...

SAN FRANCISCO, Feb. 20, 2026 /PRNewswire/ -- On February 17, 2026, Kyndryl Holdings, Inc. (NYSE: KD) filed two amended quarterly reports and one amended annual report providing further detail about ...
Hosted on MSN

ACCA and IIA report on internal control for sustainability reporting

The Association of Chartered Certified Accountants (ACCA) and The Institute of Internal Auditors’ (IIA) Internal Audit Foundation have produced a report emphasising the importance of internal control ...