Auditing is a means of evaluating the effectiveness of a company's internal controls. Maintaining an effective system of internal controls is vital for achieving a company's business objectives, ...

As a business owner, it's vital that you conduct frequent internal audits to determine whether or not your business is operating at peak efficiency. You can limit these audits to examinations of your ...

The debate about responsible financial reporting has not been sidelined by the COVID-19 pandemic. In fact, the future of audit—and how it should adapt to changing stakeholder demands—has only grown in ...

Whenever the Internal Revenue Service starts sniffing around a particular area, it pays to take preventative action. One area the tax agency is poking around these days: How businesses go about ...

What is the purpose of audit planning if the audit may not ultimately follow the carefully thought out plan? As may be inferred from Dwight D. Eisenhower’s words—”Plans are worthless, but planning is ...

When a position's duties have changed significantly since the last audit, the departments DHR can submit a transaction through the Request a Position Change within HCM to initiate the audit process. A ...