Internal controls are the rules, mechanisms, and procedures a company implements to ensure the integrity of its financial and accounting information, promote accountability, and prevent and detect ...

WASHINGTON, D.C. – The Securities and Exchange Commission (SEC) announced charges against software company SolarWinds and its chief information security officer (CISO), Timothy G. Brown, for fraud and ...

Fraud is a major problem that affects all organizations worldwide. I often tell business owners, it's not a matter of if it will happen — it's when. Because fraud frequently goes undetected or ...

How do you lose track of $40 million? That’s been the question on many people’s minds this week as news spread of a plea deal in a massive embezzlement at the Yale School of Medicine. The top-ranked ...

Internal auditors are seeing increased value from leveraging data analytics for internal controls evaluation, fraud detection and compliance monitoring, according to a new report. The report, released ...

For as long as accounting has existed, the principle of backup documentation has anchored financial integrity. Every expenditure requires evidence that proves a legitimate purchase occurred. In ...

Fraud rates among UK fintechs are rising, and as they do they are costing these businesses significant amounts of money. According to Alloy’s 2025 State of UK Fraud Report, in 2024, more than two in ...

These standards replace the 2017 International Professional Practices Framework and go into effect on January 9, 2025. The Standards are a set of principles and requirements that guide the practice of ...

In another high-profile takedown of a security executive connected to a security breach, the U.S. Securities and Exchange charged SolarWinds and its CISO with fraud and internal failures in connection ...