A semi-annual or annual internal audit allows you to gauge the effectiveness of your business's internal control system. Unlike an external audit, which focuses on determining whether financial ...

Every company like to believe that its employees and management are above reproach and would never do something to harm the organization. However, it is also a wise business move to have systems in ...

The county’s internal auditor reported that in a sampling of contracts and expenditures paid for with American Rescue Plan Act dollars, Orange County had complied with all federal monitoring rules and ...

The last in a series of eight case studies from the Product Quality Research Institute focuses on internal GMP audits. An integral part of an effective quality system in a cGMP-compliant ...

The Institute of Internal Auditors presented its updated competency framework for internal auditors during its international conference this week in Toronto. Processing Content The new competency ...

Forbes contributors publish independent expert analyses and insights. I am the Jenkins Professor of Accounting at NC State University. Audit partners who issue adverse internal control opinions are ...

For more than a decade, I have been trying to dispel lingering myths that haunt the modern internal audit profession. Processing Content Some of the myths are based on perceptions, such as "Internal ...

Mar. 9 – Internal control and audit efforts in China are often criticized for only meeting compliance requirements, with little or no benefits to the business – form over substance. This is not, ...