A small business's internal control system can only be as strong as the rules, policies and procedures put in place to detect fraud, waste or abuse and protect its financial and physical assets.

Public accounting firms love to land new audit clients and keep their current audit clients happy. After all, acquiring new business and retaining it is the key to growth. But revenue growth can cause ...

Internal Audit is an independent, objective, assurance and consulting activity, assisting the university in meeting its objectives and improving the effectiveness of risk management, control and ...

Editor’s note: The information contained in this article is specific to the auditing and assurance landscape on or about the date it was authored, including references to Generally Accepted Auditing ...

Question: What is the time frame requirement with regard to post-closing quality control (QC) audits? In short, when must they be completed? Answer: HUD and VA require that FHA and VA loans be ...

Based upon input from the Internal Audit Committee, executive management, and the UT System Audit Office, an annual audit plan is developed that contains the scheduled projects for the upcoming fiscal ...

The MarketWatch News Department was not involved in the creation of this content. Native AI across the AuditBoard connected risk platform enables continuous assurance and elevates trust across the ...

The Federal Aviation Administration said the agency’s 737 MAX production audit into Boeing and supplier Spirit AeroSystems found multiple instances where the companies allegedly failed to comply with ...