Internal controls are systems and procedures designed to ensure that all employees perform their duties ethically and honestly. Accounting controls deal specifically with the integrity of internal ...

Learn how administrative accounting supports decision-making and operational control with roles like payroll management and budgeting. Discover key differences from financial accounting.

Accounting systems and inventory can be especially vulnerable to theft, fraud or outright mismanagement. Controlling the integrity of your accounting records and the security of your inventory can ...

Quality control, as every CPA knows, is a crucial component of an accounting practice. Yet quality control’s importance isn’t always prominently reflected in firm incentives. Firms obviously must pay ...

The board found that Jennifer Crofoot, a CPA then working as an audit partner at Fruci & Associates II, violated PCAOB rules and standards in connection with four audits. Crofoot authorized the ...