Homeland Security Today

Audit Finds Internal Control Weaknesses at DHS

Snow covers the grounds of the St. Elizabeth's campus near the Ceremonial Entrance of the Department of Homeland Security's headquarters on Feb. 2, 2021. (DHS photo) The independent public accounting ...
Compliance Week

Study: Disclosing Control Weaknesses Does You Few Favors

Companies that disclose control problems ahead of restatements get no pat on the back or other indicators of gratitude from investors. On the contrary, they are more likely to face harsher ...
Forbes

What Happens To Audit Partners Who Issue Negative Internal Control Opinions?

Forbes contributors publish independent expert analyses and insights. I am the Jenkins Professor of Accounting at NC State University. Audit partners who issue adverse internal control opinions are ...
Nasdaq

Nidec Announces Material Weakness About Nidec’s Internal Control Over Its Financial Reporting

It became clear that, at Nidec Drive Technology, a consolidated subsidiary of the Company, the wrong data was identified for part of the adjustment, such as sales accompanied by transactions between ...
KTVZ

‘Keeping Oregon Accountable’: State audit finds improvement, but ‘serious control weaknesses’ at federally funded programs

SALEM, Ore. (KTVZ) — Every year, the Oregon Secretary of State Audits Division conducts two major financial audits: the Annual Comprehensive Financial Report and Statewide Single Audit. Auditors also ...
Reuters

ProPetro flags material weakness in internal control over financial reporting

March 13 (Reuters) - Oilfield services firm ProPetro (PUMP.N), opens new tab said on Wednesday it has identified material weakness in its internal control over financial reporting. After the weakness ...
Compliance Week

Study asserts link between control weaknesses, fraud

Interested in writing for CW? Compliance Week accepts outside contributions from corporate chief compliance officers and other senior-level GRC practitioners. To learn more, contact the CW Editor.
Nasdaq

NV5 Holdings Inc. Faces Financial Reporting Risk Due to Internal Control Weakness

NV5 Holdings Inc (NVEE) has disclosed a new risk, in the Accounting & Financial Operations category. NV5 Holdings Inc. faces a significant risk due to a material weakness identified in its internal ...
Institutional Investor

Internal Control Weaknesses Costs Bear Stearns $1.5M

The New York Stock Exchange has slapped Bear Stearns with a $1.5 million fine for a variety of problems in its record-keeping. The New York Stock Exchange has slapped Bear Stearns with a $1.5 million ...
Business Wire

Nidec Announces Material Weakness About Nidec’s Internal Control Over Its Financial Reporting and Its Corrective Actions Implemented

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) announces today that the Company has stated in the internal control report for the fiscal year ended March ...
Business Wire

Nidec Announces Material Weakness About Nidec’s Internal Control Over Its Financial Reporting

KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) announces today that it has identified a material weakness in its internal control report for the fiscal ...