Auditors have long suffered unease forming conclusions related to information technology controls. They have no standards or principles to guide them, no clear way to match IT controls to the ...

The fundamental principles of internal control apply to large and small businesses alike. Every business requires some type of system of control measures as a means to protect assets and ensure that ...

Fraud is a global problem that inflicts a heavy burden on government and private organizations alike. According to the 2012 Report to the Nations by the Association of Certified Fraud Examiners, the ...

Knowing GAAP will help you understand your accountant's decision-making process better. GAAP stands for generally accepted accounting principles. Publicly traded companies, nonprofits and governments ...

Learn the principles of financial accounting, its importance, and how it functions to provide a clear picture of a company's financial health and compliance.

White & Case attorneys discuss the changing scope of the internal accounting controls provision under Section 13(b)(2)(B) of the Exchange Act. They analyze recent developments and highlight growing ...