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 ...

If you are a small or medium-sized enterprise (SME) trying to grow, you are probably already familiar with auditing. An audit is the process of independently reviewing and verifying a company's ...

The Charleston County School Board wants a thorough, detailed audit of the district’s finances following the recent discovery of an $18 million budget shortfall. It just may not be a “forensic” one.

Scott Nevil is an experienced writer and editor with a demonstrated history of publishing content for Investopedia. He goes in-depth to create informative and actionable content around monetary policy ...

Responding to widespread taxpayer concerns regarding audit procedures, the Bureau of Internal Revenue (BIR) took a decisive step by suspending tax audits in November. This strategic pause allowed the ...

Earl Follis is a longtime IT professional who has worked as a technical trainer and network administrator. Audits typically produce much anxiety and dread, but IT audits can be even more nerve-racking ...

New research performed with the help of the AICPA’s Assurance Research Advisory Group has provided new insights on ways to improve quality in group audits. The research shows that when key planning ...