Whether your firm is small or one of the largest organizations in the country, it pays to develop and maintain a strategic audit plan, according to Lorin Venable, CPA, CGMA. As assistant inspector ...

The great majority of chief audit executives acknowledge that the internal audit function at their organization needs to be improved, according to a new survey. The survey, by Ernst & Young, polled ...

A marketing plan audit is a comprehensive review used to evaluate marketing strategy, gauge return on investment and ensure meeting an organization's objectives. Simply, the audit will identify ...

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 ...

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 ...

One of internal audit's values is to tell management when the controls to manage risks and assure opportunities aren't working. Internal audit should have a plan for the work it will do, and by now we ...

IMGCAP(1)]While putting the final touches on audit work papers and reports may feel like a huge relief, an auditor’s work isn’t finished. As the end of any busy audit period approaches, it’s time to ...

An external business audit is an examination of a company's business records, policies and procedures by an independent auditor to determine whether the company's financial statements fairly state its ...

San Diego’s new plan to boost the city’s crumbling streets lacks key details such as a comprehensive funding strategy and specifics for upgrading unpaved roads, City Auditor Andy Hanau states in a new ...

A new set of rules for partnership audits (New Audit Rules), which generally take effect January 2018, fundamentally alter the manner in which the Internal Revenue Service (IRS) will conduct audits of ...

Annual Audit Plan – An annual audit plan is developed by the Director of Internal Audit based on a university-wide assessment of risk and where Internal Audit can make the greatest impact. Input from ...