Internal Audit Leveraging Data Visualization Tools

Internal audit departments are making greater use of innovative technologies such as data visualization, according to a new report.


PwC Fights $5.6 Billion Fraud Trial over Taylor Bean's Collapse

PricewaterhouseCoopers LLP failed to spot for seven years a multibillion-dollar fraud that led to the demise of Taylor Bean & Whitaker Mortgage Corp., a lawyer for the lender’s bankruptcy trustee told a Miami jury on Tuesday.


Munger's Daily Journal Resolves Material Weaknesses in Controls

Daily Journal Corp., a publisher that counts billionaire investor Charles Munger as chairman, has shored up how it discloses information to investors after years of disputes with auditors.


Judge Lets PwC Lawsuit Proceed over MF Global Audits

A federal judge in New York has refused to dismiss a $1 billion lawsuit against PricewaterhouseCoopers over its audits of the bankrupt investment firm MF Global.


Deloitte Offers Advice on Controls over Non-GAAP Measures

Deloitte has some tips to help companies deal with the Securities and Exchange Commission’s guidance on the use of non-GAAP measures.


How Technology is Transforming Audit

Innovation means the future for auditing is about more than just the numbers.


SEC Suspends NYC Audit Firm for Failing to Spot Fraud

The Securities and Exchange Commission has suspended EFP Rotenberg LLP and an accountant at the firm for failing to detect fraud in the audit of a public company client, ContinuityX Solutions.


More Women Supervising Internal Audit Departments

The internal audit profession is seeing a bit of a gender shift, as more women become chief audit executives.


Internal Auditors Move to Combat Cyberattacks

Internal auditors increasingly need to check their companies’ defenses against cyberattacks from hackers and identity thieves.


Internal Audit Function Varies Globally

The maturity of the internal audit function differs in various parts of the world, according to a new study.