The past few years have emphasized fundamental organizational changes brought on by the pandemic. Companies are being called to embrace the impacts of digital transformation, monitor rises in cyber ...

The COVID-19 crisis creates heightened risk of improper financial reporting. Audit committees can and should take steps to help prevent such frauds. Audit Committees should maintain the appropriate ...

Lordstown Motors Corp., a manufacturer of electric vehicles focused on the commercial fleet market, settled SEC charges for “misleading investors about the sales prospects of Lordstown’s flagship ...

Audit committees are including more disclosures about oversight areas within the proxy statements of public companies about cyber risks and environmental, social and governance matters, but there's ...

THE NEW YORK STOCK EXCHANGE HAS PROPOSED NEW standards for its listed companies to compel audit committees to change their makeup, broaden their oversight of external auditors and assume greater ...

The Financial Accounting Foundation's Board of Trustees has voted to restructure several of its own committees, along with oversight of the Private Company Council, disbanding the Private Company ...

FINANCIAL DATA, A 31 PAGE INDEPENDENT AUDIT FOR MILWAUKEE PUBLIC SCHOOLS INSIDE THE 2022 DOCUMENT REVELATIONS ABOUT QUOTE CONTROL DEFICIENCIES AND MATERIAL WEAKNESSES SURROUNDING THE PREPARATION OF ...

Good morning. As audit committees confront a rapidly expanding risk landscape, their role in corporate governance is being reshaped. Boards have often turned to current and former CFOs as independent ...

City of Redding is accepting applications for two new community committees designed to enhance public involvement in the city’s financial processes. The Financial Advisory Committee and the Audit ...

The abundance of game-changing new accounting standards issued by FASB has given audit committees a lot to consider as 2018 concludes. New standards for revenue recognition, lease accounting, and ...

Shares of Hub Group fell after the board's audit committee found that the company's 2023 and 2024 financial statements were materially incorrect and should no longer be relied upon. Shares dropped 13% ...

Boards and audit committees now expect defensible, evidence-based insight into emerging risks and assurance gaps, not ...