Businesses can get a decent idea of how they are doing in operations by examining internal company data through reports and graphs. However, sometimes those close to the company don't review this data ...

For years, auditors have used interviews and workshops to conduct successful company assessments. As more businesses become digitised, auditors need to blend traditional techniques with a more ...

Every audit requires dedicated time, precise coordination and extensive resources. Audit firms work with many clients and schedule their people and resources months in advance of the actual audit. If ...

Payroll audits can be beneficial to your business. Learn how to conduct one with this step-by-step guide and get software recommendations.

An organization that is well-prepared for such an audit will make the process less stressful and time-consuming for everyone involved. Safety audits are a great way to ensure that an organization ...

A pair of reports from the Government Accountability Office found serious problems with the Internal Revenue Service’s processes for determining which individuals and businesses should be audited.

Financial risks focus on managing the risks of potential loss of physical assets and financial resources. Business risks include contracts, cash and investments, revenue, and inventory. Operational ...

An audit can be an unpleasant surprise, or it can be a welcome opportunity to get your organization's affairs in order. While some audits – such as those performed by the IRS – come as a surprise, ...

Internal Audit identifies all auditable activities and relevant risk factors, and assesses their significance through an annual risk assessment, utilizing the Committee of Sponsoring Organization's ...