Internal controls protect the company’s assets as well as their shareholders’ investments in the company. Therefore, the SEC requires companies to report on internal controls as part of Management’s Report of Responsibilities. The Committee of Sponsoring Organizations (COSO) of the …
When an investor buys a share of stock in a large corporation, often this means he has purchased a share of a conglomerate. Typically, there is a parent company with subsidiaries in different areas of business the investor as bought …
Depending on the size of the grant awarded and suspicion level, there are different types of grant audits that might be performed. The nonprofit is accountable for every penny spent. An audit is performed to verify whether or not the …