Internal controls are systems and procedures designed to ensure that all employees perform their duties ethically and honestly. Accounting controls deal specifically with the integrity of internal ...

[Asia Economy Reporter Park Jihwan] The Internal Accounting Advisory Center of Samil PwC announced on the 14th that it has published the report "Future Strategy for Internal Accounting Control System" ...

Small companies often start with manual accounting systems and add programs such as QuickBooks or Excel as their expenses become harder to track. However, it is best to plan ahead and shop for a ...

[Asia Economy Reporter Jang Hyowon] Duzon Bizon (CEO Kim Yongwoo) announced on the 12th that it supports companies' response to the consolidated internal accounting control system with the ...

Forbes contributors publish independent expert analyses and insights. Priya Huskins is an expert on D&O risk and corporate governance. By now, we all know that a cyber breach may lead to the ...

The Public Company Accounting Oversight Board has proposed a set of significant changes in the requirements for auditing firms' quality control systems, in a major update from the earlier standards in ...

Trust and honor—personal values held dear by many corporate executives—do not frequently translate to the audit process. According to research conducted at Rochester Institute of Technology, this ...

“The automation products marketplace is commoditized. That happens because the only value proposition on the table is cost,” he says. “We have a commodity—and no one knows what it’s worth.” How can ...

In an inspection of internal accounting control systems at listed companies and large unlisted firms, a total of 14 legal violations were uncovered last year. Although the number of violations has ...