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 ...

Organizations conduct waste audits to minimize the organization's waste impact on the environment. Organizations conduct waste audits voluntarily and as mandated by local, state and federal laws.

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 ...

As technology plays an ever-larger role in the audit process, some tech providers like IBM are competing with Big Four firms, according to a new report. The report, from Source Global Research, found ...

Audit claims are document-intensive and often involve the use of experts to assess the CPA firm’s adherence to the standard ...

Mark Cussen, CMFC, has 13+ years of experience as a writer and provides financial education to military service members and the public. Mark is an expert in investing, economics, and market news.

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 ...

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 ...