WASHINTGTONToday, the Army announced completion of its Fiscal Year (FY) 2021 audits, which resulted in disclaimers of opinion. Auditors issue a disclaimer of opinion when the data or documentation ...

The massive influx of federal relief funding in response to the COVID-19 pandemic has created many audit challenges. There are new programs subject to single audits, along with existing programs ...

Ernst & Young issued an audit quality report describing the steps that the Big Four firm is taking to increase auditing quality control. Processing Content In the report, EY pointed to the improvement ...

CLEVELAND, Ohio -- Post-election audits from across Ohio’s county boards of elections showed a 99.9% accuracy rate in the Nov. 2020 election, Ohio Secretary of State Frank LaRose’s office said ...

Federal requirements for single audits became a bit more clear Thursday when the Office of Management and Budget (OMB) released the 2021 Compliance Supplement, but some questions remain as OMB is ...

The Federal Motor Carrier Safety Administration's safety review activity -- most owner-operators refer to federal/state reviews of carrier operations as audits -- has for the second year in a row ...

For the fourth year in a row, the Defense Department failed its annual financial audit, but demonstrated it’s making progress. On Monday, the Defense Department completed its annual audit required by ...

Average audit fees rose a slight 2.5% from $2,600,677 in 2020 to $2,666,659 in 2021, reflecting increased demands on auditors during the pandemic, according to a study released Monday. Processing ...