People make errors. Banks make errors. That's why we compare our checkbooks with our bank statements, just in case someone added a figure wrong. It's even more important for your business than your ...

BEIJING, Feb 19 (Reuters) - China's three biggest state banks still lack proper risk control procedures at some branches, the head of the National Audit Office said on Thursday, with some loans ...

The Basel Committee on Banking Supervision (the “Basel Committee”) of the Bank for International Settlements issued a revised set of guidelines (the “Guidelines”) concerning the external audits of ...

Accounting and auditing procedures differ across companies and industries but audit procedures for cash are similar. The auditor must obtain reasonable assurance that the cash balances of the company ...

According to the SEC’s order instituting administrative proceedings against Aesoph, who lives in Omaha, and Bennett, who lives in Elkhorn, Neb., the auditors failed to comply with professional ...

TSC is turning its operational audit status around after a report revealed four findings, but TSC President Jim Murdaugh ...

With doubts of evergreening of loans and fictitious loan accounts looming over certain portfolios covered under credit guarantee schemes, a forensic audit initiated by National Credit Guarantee ...

Bandhan Bank's shares rebounded following clarification that the ongoing audit of its books isn't initiated by the Reserve Bank of India (RBI). The audit's genesis lies in the government's commitment ...

Following the conclusion of a formal audit tender process, Revolut Group Holdings Ltd has announced the appointment of Ernst & Young LLP (EY) as the Company’s Global Auditor, “effective for the ...

Indusind Bank reported Q4 loss of Rs 2,328.92 crore. (Photo source: Reuters) IndusInd Bank on Tuesday refuted media reports that stated that the private sector lender has roped in EY to conduct ...