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Financial A&A news from around the web: September 23 – 27, 2024
Written on Sep 25, 2024
Understanding what employee embezzlement and fraud looks like is one thing. Preventing it is another. Here are some red flags to watch out for and basics of preventive internal controls.
In a new staff report, the PCAOB offers advice to accounting firms on auditor independence compliance, after the audit regulator saw a year-over-year increase in the number of comment forms related to independence problems during inspections of firms’ audits of issuers from 2021 to 2023.