The processes you use to order merchandise for your company are vital to control risks, prevent fraud, ensure maximum savings and maintain regulatory requirements. You should develop a checklist to ...

Purchasing materials for manufacturing or goods for inventory is one of the most important functions for a business. A periodic internal audit of the procurement process examines receipts, business ...

The Texas State Auditor found that Texas Southern University overrode safeguards in its financial processes and provided ...

State Auditor Mike Foley said Monday that the agency in charge of hundreds of millions of dollars in state contracts engages in questionable bidding practices, keeps inadequate records and uses ...

DANBURY — A recently released audit of Western Connecticut State University has identified a total of 16 areas where internal control deficiencies, “noncompliance with laws, regulations, and policies, ...

Transport Minister Barbara Creecy has instructed the Auditor-General (AG) to expedite and widen the audit scope for the new driving licence card procurement process as new evidence has emerged of ...

CHARLESTON — A 2020 law requiring state agencies exempt from oversight by the West Virginia purchasing watchdog to submit reports on their procedures was ignored, and part of the law could hinder ...

An audit from the state comptroller’s office found that the transit agency had not made the consolidation efforts promised in its 2019 “Transformation Plan.” Drivers with an E-ZPass will soon be ...

A recent audit by the Oregon Secretary of State’s office shows that adoption of a statewide e-procurement system could have potentially saved more than a billion dollars if it had been in use during ...

released Tuesday, criticizes practices, since abandoned, that allowed former Chief Operating Officer Daniel Burns to shepherd no-bid purchases from start to finish. The audit says Burns' dealings came ...

City Controller Wendy Greuel announced plans Thursday to undertake a wide-ranging audit of the Department of Water and Power’s purchasing program following allegations that employees misused credit ...