Nasdaq

Swedbank receives $82 mln administrative fine over lack of IT control

COPENHAGEN, March 15 (Reuters) - Swedbank SWEDa.ST has received an administrative fine of 850 million Swedish crowns ($81.52 million) due to a "lack of internal control" after changing its IT systems ...
New Orleans City Business

Audit finds issues with Louisiana’s Road Home program

Louisiana Road Home Corporation’s lack of internal control over financial reporting for a third year led to numerous errors with cash flows, wages, operating grants, and other issues in 2022. The ...
WKRN-TV

Dickson County audit finds improper pay for director of schools, lack of internal controls for county clerk

DICKSON COUNTY, Tenn. (WKRN) — The Dickson County Director of Schools received an “unauthorized” amount of pay through federal grant money, a Tennessee Comptroller’s audit of the Dickson County ...
Law

The Importance of Companies Establishing Strong Internal Controls

Internal controls are the rules, mechanisms, and procedures a company implements to ensure the integrity of its financial and accounting information, promote accountability, and prevent and detect ...
The Bismarck Tribune

Retired auditor 'stunned' at lack of control at Bismarck Event Center

Retired longtime state audit manager Gordy Smith on Thursday said he was “stunned at a lack of internal control” at the Bismarck Event Center, where the director was recently fired but then reinstated ...