Editor’s note: The author is technical director of the AICPA Center for Plain English Accounting. Addressing audit risk in financial statements with high levels of substantive procedures toward the ...

CAL FED’S INTERNAL AUDITORS MONITOR THE COMPANY’S risk profile and play a key role in identifying areas for risk management. Understanding the business operations can make the auditors a catalyst for ...

Internal audit activities have been expanded worldwide in order to protect local government organizations and, in particular, municipalities. Although several previous studies have examined internal ...

A significant proportion of firms have yet to implement new audit technologies and methods, citing poor training, lack of quality data, lack of systems access and lack of funds as the primary reasons.

Testing payroll during an audit can be a tedious manual process, the kind of grunt work that has long been viewed as the “dues” paid by young auditors before they advance in their careers. Recently, ...

The recent observations of the chairman of National Financial Reporting Authority (NFRA) that the “audit panel of companies cannot escape blame by citing audit failures” has shifted the spotlight from ...

Manpower audit and assessment activities enable your company to determine if your human resources meet your strategic needs. Quantitative methods allow you to use statistics, numbers and data to ...

So the matter of the Ministry of Finance investigating the actions of the Auditor General’s department has been resolved. It was always, in my opinion, an inappropriate action to be taken by that ...