The design of further audit procedures can be influenced by the relationship between information-processing controls and general IT controls. If information-processing controls rely on general IT ...

The Importance of an Audit System to Companies. Auditing is a means of evaluating the effectiveness of a company's internal controls. Maintaining an effective system of internal controls is vital ...

Now there is a new audit standard and certification for reporting on controls for data centers and service providers in the cloud.

The Defense Department failed to get a clean opinion in its fourth annual financial audit, highlighting ongoing struggles to accurately account for IT systems.

The Defense Department failed to get a clean opinion in its fourth annual financial audit, highlighting ongoing struggles to accurately account for IT systems.

The Homeland Security Department has weaknesses in its information technology systems that might hurt its financial controls, according to an independent audit by accounting firm KPMG. "We noted ...

A material weakness found in Stitch Fix’s IT controls shows how a new audit rule is training a spotlight on companies’ hairiest internal issues. Photo: Richard B. Levine/Zuma Press ...