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 ...

From an IT perspective, an adequacy audit ensures controls perform sufficiently for the tasks associated with them. Adequacy audits can be performed for current operational controls or for controls ...

It’s safe to say no one in their right mind would ask to be audited. The term “audit” generally strikes fear in most of us, as it’s associated with bad behavior and negative consequences. The IRS ...

Many companies have a level of familiarity with IT auditing, such as vulnerability, technical compliance or performance audits. But CIOs and IT leaders should consider adding a new type of audit to ...

DOVER, Del. – State Auditor Kathy McGuiness stated today that Delaware’s 19 school districts and the Department of Education (DOE) could improve their criminal background check processes for people ...

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 ...

Financial audits get a bad rap. While certainly meticulous and often stressful, an audit shouldn't invoke absolute angst or dread in corporate finance teams. With the right preparation and mindset, ...

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 ...

California public school and community college district voters approved $20 billion of construction loans in 2022, with more passing in 2023, using the Proposition 39 financing capability. The ...

A bill working its way through the General Assembly would enact a host of election reforms, including one that puts the governor and the state auditor at odds. If that reform becomes law, officials ...

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 ...