Internal accounting controls govern your financial system. "Management is responsible for developing and maintaining effective internal control," reports the U.S. Whitehouse Office of Management and ...

Internal controls are policies and procedures put in place to ensure the continued reliability of accounting systems. Accuracy and reliability are paramount in the accounting world. Without accurate ...

The regulator has said it intends to place greater weight on oversight of firms’ internal quality and control systems.

The Committee of Sponsoring Organizations of the Treadway Commission issued a request for proposals to develop guidance to help organizations monitor the quality of their internal control systems.The ...

The Securities and Exchange Commission today approved the Public Company Accounting Oversight Board's new quality control standard. QC 1000, A Firm's System of Quality Control, will require all ...

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 ...

As we head into 2026, the accounting profession faces a defining moment: the transition from traditional financial reporting to real-time business ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.