Rise of outsourcing poses new cybersecurity problems
Big banks, hospitals and insurance companies worry about computer security because they handle so much personal information.
Internet
Nov 10, 2011
2
0
News tagged with audit
Ethnic diversity is still a serious issue at the top level in accounting firms
In recent years, there has been a growing concern about the lack of diversity in workplaces, particularly in terms of ethnic and gender diversity. To address this, many companies have taken action by adjusting their recruiting ...
Social Sciences
Mar 23, 2024
0
19
Why do some organizations' boards fail? It might be how directors perceive their expertise and responsibilities
While many of us can name a handful of CEOs, identifying directors serving on the boards of those same organizations is probably more challenging. The work of directors, whether they hold volunteer or compensated positions, ...
Economics & Business
Feb 28, 2024
0
1
Do former regulators improve the quality of audits?
In their auditing capacity, accounting firms, such as the "Big Four"—Deloitte, EY, KPMG and PWC—function as watchdogs for publicly traded companies. They're tasked with ensuring financial disclosures are accurate and ...
Economics & Business
Jan 11, 2024
0
6
Female board members help improve firms' corporate sustainability reporting, finds study
New research has revealed that firms with female directors on the board, regardless of how many, improves the quality of corporate sustainability disclosures than those with no board representation.
Social Sciences
Oct 23, 2023
13
1
IRS disproportionately audits Black taxpayers, finds paper
Researchers have long wondered if the IRS uses its audit powers equitably. And now we have learned that it does not.
Social Sciences
Feb 1, 2023
0
35
Audits can bring bad news or benefits to small businesses
An IRS audit can be a terminal event for a small business, especially if it's found to have underpaid its tax liability. Beyond the direct costs of paying owed taxes, audits impose operational costs that may threaten a company's ...
Economics & Business
Dec 15, 2022
0
27
Controversial internal control audits improve operational efficiency for small firms, study finds
The November collapse of cryptocurrency exchange FTX serves as a lesson of what happens when a corporation avoids internal audits of its own financial operations.
Economics & Business
Dec 6, 2022
0
2
An ethical workplace culture can prevent corporate fraud by aiding whistleblowers
Whistleblowing is a cornerstone of corporate governance. It allows employees to anonymously disclose questionable financial matters about their companies to help prevent fraud, which is a pressing issue in Canada. It's also ...
Social Sciences
Oct 27, 2022
0
12
Depositors often blame audit firms for bank failure, study finds
The word "audit" has a different meaning depending on whether you're an individual or a bank. But a perceived audit failure can have equally damaging consequences.
Social Sciences
Oct 12, 2022
0
1
