Complexity and decentralization are two of many factors that exacerbate the criminality and corruption in financial institutions, professor of politics in the Wilson School Nolan McCarty said in a ...

Moving to semi-annual reporting would increase financial market volatility, weaken transparency, and make it more expensive ...

Fraud is a serious concern that can have devastating consequences. With uncertainty about the economy — be it a recession, a soft landing, or something else — there may be no better time than now to ...

Dysfunctional and manual financial reporting processes are expected to cost U.S. businesses $7.8 billion this year, according to a new report, as a result of financial planning and analysis teams ...

A study conducted by the Center for Audit Quality (CAQ) found that the number of financial restatements filed with the SEC fell by more than 50% over a recent 10-year period. Research by the CAQ, ...

Informed business decisions require accurate financial information and solid internal controls. Whether dealing with an internal audit function, the board of directors, an external audit firm or ...

The development and communication of accurate and insightful financial reports and analyses are important for businesses and organizations to thrive. As stakeholders increasingly seek transparency and ...

Businesses depend on accuracy in their financial reporting, but ensuring that reports are timely is equally important. Market conditions and individual business financials can change on a daily basis, ...