State auditors questioned more than $17 million in spending at Eastern Gateway Community College, Auditor of State Keith ...

A vote by the US Securities and Exchange Commission (SEC) this week is expected to start easing the accounting rules governing how closely small public companies have to gauge the quality of their ...

Financial statements comprise three important written records: the cash flow statement, the income statement and the balance sheet. Companies furnish financial statements to provide information on ...

An audit of the now-closed Eastern Gateway Community College revealed millions in questionable federal taxpayer dollar spending on student financial aid. State Auditor Keith Faber announced questions ...

GREENE LIGHT: The indictments of former Buncombe County Manager Wanda Greene and other former county employees helped CliftonLarsonAllen identify issues with the county's financial controls. Photo by ...

The state health insurance exchange’s lack of adequate financial controls led to almost $489,000 in “unallowable or unreasonable” payments to vendors and service providers, the state reported in a ...

A recent audit of Estes Park (Colo.) Medical Center revealed ineffective financial reporting controls and payment shortfalls, which will decrease the hospital's net income by $1.8 million, according ...

A financial audit the Grafton Township board ordered in February to review its records in the 2010-2011 fiscal year concluded that the township lacks some of the internal controls necessary to prevent ...

The objective of the reporting phase of a financial audit is to present an informed opinion about a business's financial statements, including whether they conform to generally accepted accounting ...

Many growing companies place great trust in long-time employees who handle key financial duties. That trust is valuable, but without oversight, it can create a vulnerability.

Lawrence City Hall, 6 E. Sixth St., is pictured Thursday, July 7, 2016. The city of Lawrence’s finances have been red-flagged by auditors after they had to adjust more than $60 million worth of ...