Foreign Corruption Practices Act (FCPA) enforcement actions from the United States Department of Justice (DOJ) and ...

Inherent risk is one factor an auditor uses to assess the risk of material misstatement associated with a financial statement line item or audit area.

This policy establishes a framework for a system of internal controls and communicates the university’s internal control objectives. The university’s internal control program is a system of ...

For many years, corporate compliance officers have followed a certain natural process. First, regulators adopt a new rule, ...

SEOUL, Feb. 4 (Yonhap) -- South Korea's financial watchdog said Tuesday it will map out a stricter supervisory system for banks and take stern measures against their lack of internal control ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

UBS's auditors have expressed an "adverse opinion" on the bank's internal controls over its financial reporting for 2024 after it failed to resolve issues related to misstatements inherited from ...

SEOUL, Feb. 19 (Yonhap) -- The head of South Korea's financial watchdog called on local banks Wednesday to enhance their internal control system and risk management. In a meeting with the heads of ...

The Board of Directors (the BoD) approves the risk management and control framework of the Group, including the Group and business division overall risk appetite. The BoD is supported by its Risk ...