More than four in ten (41%) audit committee members say the effectiveness of companies' risk management programs poses the greatest challenge this year.
A survey finds disclosure of information on key areas of external auditor oversight has more than doubled in the past two years.
An EY report says more companies are disclosing how they oversee and appoint external auditors and the reasons for changes in fees.
An internal investigation concludes that the company incorrectly recognized nonmonetary transactions as revenue.
Barrett Business Services stock plunges 33% after it discloses James Miller made "“unsupported journal entries” in financial records.
Executives and boards should be prepared to address these issues with shareholders at annual meetings this year.
CFO Michael Pappagallo leaves the REIT after an internal review finds employees "smoothed" income to make quarterly results more consistent.
The organization tells the SEC that an internal audit function should be recognized as "a matter of basic good governance."
More companies are disclosing how they oversee external auditors and the audit committee's involvement in the auditor selection process.
Audit deficiencies were most prevalent in internal controls, fair value measurement, and revenue recognition, says the IFIAR.
The risk environment is clearly straining many audit committee agendas, finds a KPMG survey.
An audit committee review shows the rental car company overstated GAAP net income for three years.
