United States: Audit

A midyear review can help identify accounting, tax, and payroll issues while there is still time to address them.

Texas Senate Bill 1851 has transformed municipal audit deadlines from administrative requirements into critical financial management priorities. Municipalities that miss the 180-day filing deadline now risk losing their ability to adopt property tax rates above the no-new-revenue rate, directly impacting budget flexibility and revenue planning. Understanding the new enforcement mechanisms and implementing strategic audit planning practices can help Texas cities maintain compliance and avoid significant budg

Organizations are embedding AI into internal audit workflows to improve consistency and shorten testing cycles, but success requires a structured approach that addresses evidence handling, testing methodology...

An environmental self-audit is a systematic, documented, and objective evaluation of how well an organization, its management systems, and its equipment perform and comply with federal, state, and local environmental statutes, regulations, and permit provisions. When conducted properly, these detailed self-assessments can identify areas of non-compliance, inefficiencies, and opportunities for improvement before they become costly compliance issues. More broadly, environmental self-audits also lead to improved protection of human health and the environment.

The California Privacy Protection Agency's (CalPrivacy) Executive Director Tom Kemp recently stated that the agency's new Audits Division will begin conducting audits assessing companies' compliance with California data privacy laws this year

Plan sponsors have been told for years that the answer to rising prescription drug costs is simple. Move to a pass-through PBM arrangement, require transparency, and the incentives will finally align.

Indirect cost errors can lead to under-recovery, audit findings, repayments, and compliance risk, making proactive monitoring essential for helping safeguard funding and credibility.

SOC 2 is an independent, CPA-issued attestation designed to build customer trust through third-party credibility (not automation or self-assessment).

On March 20, 2026, the Centers for Medicare and Medicaid Services released new guidance outlining the agency’s audit methods and instructions for Medicare Advantage plans subject to upcoming risk adjustment data validation audits for payment year 2020.