Privately held companies operating internationally face risks that require a well-designed system of internal control to counteract. The system is contingent on general ledger applications, inventory, ...

Establishing a systematic set of procedures in a clothing store is necessary to prevent or minimize inventory losses, cash pilferage, unnecessary expenses and other problems that will cause your ...

BOSTON--(BUSINESS WIRE)--Leading customer data platform (CDP) BlueConic today announced it has successfully completed the Service Organization Control (SOC) 2 Type 2 audit. As the only CDP that has ...

Proton, which provides VPN and secure mail services, has passed its first SOC 2 Type II audit. Completed in July 2025, this comes in addition to annual third-party security audits of Proton VPN’s ...

Effectively managing internal controls for business systems is a top priority in order to prevent risks, stop fraud, keep a company secure – and experience clean, cost-effective audits. As the CTO of ...

Forbes contributors publish independent expert analyses and insights. I am the Jenkins Professor of Accounting at NC State University. Audit partners who issue adverse internal control opinions are ...

Here’s a quick breakdown of formal and informal audits: Audit (formal) – the annual ritual of providing objective evidence that a quality system is established, followed and effective. A good quality ...