The coronavirus pandemic has raised a number of questions about how to properly audit financial statements when internal controls have changed due to dramatic changes in an entity’s business volume ...

Diligent launched its new AuditAI solution, described as a strategic compliance tool that automates execution of internal audit tasks.

Following these tips can help maintain an audit quality-control system that holds your firm to professional standards and aids in delivery of a top-notch product to clients, experts say. Focus on the ...

Inventory is a large part of the auditing process for companies with physical goods. Inventory is a substantial portion of total assets for many companies. In addition, there are many complex ...

A growing number of U.S. hospitals are breaching contractual obligations with their banks, highlighting the need for greater internal audit controls that can flag such issues and stop a problem from ...

DOT Inspector General Auditing Controls of FAA's STARS The audit will assess FAA's identification and mitigation of security risks in STARS and determine whether its contingency planning limits the ...

Yet, when an internal auditor or a regulatory examiner sits down and asks to see the end-to-end lifecycle of a specific customer decision, those same institutions often struggle to provide a clean, ...

The regulator pointed to gaps in auditor independence, internal controls and the examination of related-party transactions.

The first audit of the Oklahoma Turnpike Authority in over 70 years highlights the need for improved internal controls and ...