Auditing procedures play an important role in the accounting process. During the audit process the purpose, objective and any additional instructions must be realized to accurately complete the ...

Supplier quality management is a critical business practice for companies that increasingly outsource business processes to strategic partners and have increased reliance on vendor products and ...

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 ...

The business environment amid the COVID-19 pandemic has meant significant changes in the risks and results auditors consider and test during their engagements. In many cases, revenue and expenses have ...

The widespread use of information technology (IT) can introduce various risks that affect financial reporting and the audit process. To assist auditors in identifying and addressing these risks, the ...

Any business that uses assets should hold a regular asset inventory audit in order to track important data like the number, condition, and location of all assets. The audit is a cost-effective method ...