Day in day out we hear of cases of individuals being indicted and funds missing within organisations. But who are the guardians of integrity and accountability. May is International Internal Audit ...

The mission of the College of Environmental Science and Forestry is to advance knowledge and skills, while promoting the leadership necessary for the stewardship of both the natural and designed ...

To define the purpose, authority and responsibilities of the Internal Audit Office and establish the principles and framework that govern it. 2. Objectives and Scope The Internal Auditor 1 is ...

Many leaders of organizations treat internal controls as a tedious task that sits at the bottom of their to-do list, and, because just about no one ever gets to the bottom of their to-do list, often ...

Woori Bank, which has been embroiled in unfair lending and various financial incidents, will prioritize strengthening internal controls this year. Starting last month, branch managers have directly ...

Evergrande Group. In 2021, the heavily indebted Evergrande Group even defaulted on paying back its loans and bonds and other obligations. The problem has derived from the developer's high reliance on ...

Financial authorities have announced a set of new rules governing financial firms' internal controls, aiming to prevent recurring financial crimes or accidents that incur customer losses. One of the ...

Business decisions are often driven by data, so the accuracy and reliability of financial statements are paramount. One misstep in financial reporting can have far-reaching consequences, eroding ...

The conduct of the Baseline Assessment of Internal Control System (BAICS) is required by Department of Budget and Management for all government institutions – national government agencies and its ...

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 systems and risk management. According to ...

MANILA, Philippines — The conduct of the Baseline Assessment of Internal Control System (BAICS) is required for all national agencies, GFIs, GOCCs (including its subsidiaries), and SUCs, as mandated ...