When Ed Wilkins, CPA, talks to audit committees about adding data analytics to the audit process, he explains to them that it usually takes three years for investment in a complex audit analytic to ...

Before the introduction of payroll software, calculating employees’ wages and tax withholdings was tedious. It meant making painstaking manual calculations for every employee, and those calculations ...

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 ...

An organization that is well-prepared for such an audit will make the process less stressful and time-consuming for everyone involved. Safety audits are a great way to ensure that an organization ...

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 ...

Here’s why it’s important to conduct a content audit — and a step-by-step guide on how to do it effectively. A content audit is an in-depth analysis of previously published, or “old,” content that ...

Most organizations today are under intense pressure. They face demanding customers, tight schedules, and limited resources. Energy efficiency is more important than ever. There’s no room for wasted ...

Investors and regulators now expect proof that your AI is trustworthy. Here's how founders can build audit-ready processes before the questions start.

The debate about responsible financial reporting has not been sidelined by the COVID-19 pandemic. In fact, the future of audit—and how it should adapt to changing stakeholder demands—has only grown in ...

As governments look to regulate the online world, the scrutiny of the algorithms that sit behind popular websites and apps is only going to increase. With doubts over whether self-regulation can ever ...

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 ...