United States: Audit

The U.S. Department of Labor’s Wage and Hour Division (WHD) offers the Payroll Audit Independent Determination (PAID) program as a voluntary pathway for employers to self-identify and resolve certain wage-and-hour...

Form 10-Q is still a cornerstone of quarterly financial reporting, offering stakeholders prompt insights into your organization’s performance, risks, and strategic developments.

Your company receives a letter from Oracle's License Management Services. It is politely worded but unmistakably serious. Oracle is exercising its contractual audit rights and would like your organization to cooperate...

As we previously reported, on January 16, 2026, the Department of War (DoW) announced an audit of 8(a) sole source awards over $20 million, joining the previously-announced audits by the Small Business Administration (SBA)...

The 8(a) Business Development Program has garnered intense scrutiny from the Trump Administration over the past few months.

As Crowell previously reported, the SBA is conducting an audit of all active participants in the 8(a) Business Development Program. Responses to the SBA's December 5 audit letters were due January 19, 2026. On January 22, 2026, SBA announced that it "suspended over 1,000 contractors from participation in the 8(a) Program after they failed to submit the documents SBA requested in December."

Over the last ten months, the government contracts world has experienced a host of significant changes, from the ongoing overhaul of the FAR (Federal Acquisition Regulations)...

As audit practices evolve, integrating technology into audit methodology becomes essential for maintaining both efficiency and audit quality.

Audit readiness strategy: Stop pulling your best internal finance talent to manage the annual audit. Find out how enlisting outside audit help leads to better, more efficient accounting processes.