Internal controls are systems and procedures designed to ensure that all employees perform their duties ethically and honestly. Accounting controls deal specifically with the integrity of internal ...

Internal controls are business processes that provide reasonable assurance regarding several key business objectives: that the business is operating efficiently, that reporting is reliable and that ...

Compliance professionals, we need to talk about accounting controls again. They’re back in the news these days as an important part of FCPA compliance. In fairness, accounting controls have never ...

When I was in college, I had a course in internal controls taught by the professor my father had when he was in college. I don’t believe much has changed since my father learned about internal ...

When you review the actual law surrounding books and records and internal controls, you wonder to yourself what took the Justice Department and the SEC so long to discover the full power of the ...

During the early days of the COVID-19 pandemic, the turbulence felt unprecedented. Fast forward to 2025, and turbulence is now the norm rather than the exception. Whether it's the impact of economic ...

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 ...

Bookkeeping is an essential function of any business. Still, increasing time pressures, a lack of capacity or relying on outdated paper-based records can spiral out of hand, where owners simply don't ...

He stated that investors rely on public companies, like Entergy, to ensure that adequate internal accounting controls are in place. Entergy, without admitting or denying the allegations in the SEC's ...

Earlier this year, Quantum Corporation disclosed it could not timely file its annual financial report due to internal accounting reviews, later announcing a restatement of financial statements and the ...