auditing

InScope Raises $4.3 Million to Expand Financial Reporting, Auditing Platform
InScope Raises $4.3 Million to Expand Financial Reporting, Auditing Platform
June 12, 2024  |  Investments

InScope officially launched and announced it raised $4.3 million to grow its platform designed to facilitate financial reporting and audits for private companies.  The platform...

READ MORE >
German Agency Criticizes EY’s Audits of Wirecard
German Agency Criticizes EY’s Audits of Wirecard
April 19, 2024  |  Security & Fraud

A German regulator has reportedly concluded that EY’s audit work and quality control regarding the now-defunct payments firm Wirecard was marked by “grave” and “repeated” violations...

READ MORE >
KMPG’s Auditing Scrutinized After Trio of Bank Failures
KMPG’s Auditing Scrutinized After Trio of Bank Failures
May 03, 2023  |  Banking

America’s biggest bank auditor is reportedly under fire after a trio of high-profile banking failures. KPMG, one of the “Big Four” accounting firms, was the...

READ MORE >
CFOs See Savings in Item-Level Data as Corporate Belt-Tightening Continues
CFOs See Savings in Item-Level Data as Corporate Belt-Tightening Continues
January 20, 2023  |  Spend Management

Non-payroll expenses are a drain on finance teams’ time and energy. Gathering, collecting and reconciling expenses are often laden with paper-based processes, chasing down receipts...

READ MORE >
SEC to Crypto Investors: Be Wary of ‘Proof of Reserves’
SEC to Crypto Investors: Be Wary of ‘Proof of Reserves’
December 22, 2022  |  Cryptocurrency

Crypto investors might not be getting a complete picture from cryptocurrency company audits. That’s according to the Securities and Exchange Commission (SEC), which is especially...

READ MORE >
Binance Crypto Exchange Faces Growing Industry Headwinds
Binance Crypto Exchange Faces Growing Industry Headwinds
December 16, 2022  |  Cryptocurrency

Efforts to restore public trust in the Binance crypto exchange are proving to be challenging. This, as ongoing industry headwinds continue to blow and new...

READ MORE >
Binance Auditor Pauses All Work Across Crypto Markets
Binance Auditor Pauses All Work Across Crypto Markets
December 16, 2022  |  Cryptocurrency

Accounting firm Mazars is putting its crypto markets practice on hold. The reversal comes just days after the firm faced pushback following its recent work...

READ MORE >
Running Ox Logistics Teams With Navix to Speed Freight Auditing
Running Ox Logistics Teams With Navix to Speed Freight Auditing
November 15, 2022  |  Partnerships

Logistics firm Running Ox has tapped Software-as-a-Service (SaaS) company Navix to streamline its document retrieval and freight audit process. According to a news release Tuesday...

READ MORE >
German Central Bank Seeks Tighter Change Post-Wirecard ‘Scandal’
German Central Bank Seeks Tighter Change Post-Wirecard ‘Scandal’
July 27, 2020  |  Security & Fraud

For the second time in four days, a high-ranking German regulator has called for major changes in response to the Wirecard scandal. In the latest...

READ MORE >