'Wake-up call' for UK financial firms as internal audit failures drive £1bn fines

UK financial services firms, which faced £1bn worth of fines since 2021 for internal control failings, should be “seriously ...
Accountancy Age

Internal audit flagged it. The board ignored it. The FCA fined it.

UK financial firms faced over £1bn in FCA fines for internal control failures since 2021. Explore the Chartered IIA report ...
Yahoo

Audit finds Stockton’s financial controls weak, millions in discrepancies

Add Yahoo as a preferred source to see more of our stories on Google. Auditors found widespread internal control failures in Stockton's financial operations, including accounting errors, delayed ...
Morningstar

Driven Brands (DRVN) Faces Securities Suit Following Accounting Errors, Internal Control Failures - Hagens Berman

The litigation follows the company's bombshell disclosure that its financial statements for the past two fiscal years can no longer be relied upon due to material accounting errors. The lawsuit, ...
Morningstar

DRVN INVESTOR ALERT: Driven Brands (DRVN) Sued Following Accounting Errors, Internal Control Failures - Hagens Berman

The litigation follows the company's bombshell disclosure that its financial statements for the past two fiscal years can no longer be relied upon due to material accounting errors. The lawsuit, ...
kristv

CARELESS MISTAKES: Internal audit exposes CCISD’s construction contract failures

is your neighborhood reporter for North Beach, Downtown Corpus Christi and the Bay Area. CORPUS CHRISTI, Tx — An internal audit obtained by KRIS 6 News has exposed significant oversight failures in ...
MarketWatch

DRVN SHAREHOLDER UPDATE: Driven Brands (DRVN) Facing Securities Class Action Alleging Accounting Errors, Internal Control Failures - Hagens Berman

SAN FRANCISCO, April 7, 2026 /PRNewswire/ -- National shareholder rights law firm Hagens Berman is notifying investors that a securities class action lawsuit has been filed against Driven Brands ...
Forbes

From Fire Drill To Framework: Six Keys To Strong Internal Controls

After several years of sluggish activity, the public markets are showing renewed momentum, from traditional initial public offerings (IPOs) to mergers with special purpose acquisition companies (SPAC) ...
JournalofAccountancy

Lessons in internal control lapses from major fraud cases

Tammy Thomas, CPA/CFF, CGMA, is a co-author of the most recent FVS Eye on Fraud report, focused on the importance of internal controls preventing employee embezzlement. In this episode, Thomas breaks ...