Widely available AI is making payment fraud easier to perpetrate and harder to detect, raising the stakes for controls, ...

Regulators require organizations to create and retain records because documentation makes compliance visible. Recordkeeping ...

IN BRIEF Fraud risk management has become increasingly important in the current business environment. How CPAs can best apply ...

D.C. police commander LaShay Makal emailed a sergeant under her command in March 2024, asking her to scrutinize the “enormous amount” of thefts reported in their district in Southeast Washington. The ...

Organizations that implement strategic internal controls, such as policies, processes, and monitoring activities, inevitably achieve repeatability. This directly correlates with growth. When ...

The Committee of Sponsoring Organizations of the Treadway Commission has released guidance outlining ways that organizations can achieve and maintain effective internal controls over generative AI.

Recent regulatory enforcement actions have reinforced a shift toward process-level scrutiny, with the SEC repeatedly citing ineffective internal controls over financial reporting in cases where ...

“Coercive control” is the term for a diabolical relationship pattern that can have devastating consequences. It occurs when one person unreasonably interferes with another person’s free will and ...

Tammy Thomas, CPA/CFF, CGMA, is a co-author of the most recent FVS Eye on Fraud report, focused on the importance of internal controls preventing employee embezzlement. In this episode, Thomas breaks ...

After several years of sluggish activity, the public markets are showing renewed momentum, from traditional initial public offerings (IPOs) to mergers with special purpose acquisition companies (SPAC) ...

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 ...