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 ...

An internal audit control system is like a good diet and exercise plan. Like the measures you take to protect your health, it consists of all the policies and procedures you have in place to protect ...

Jim Logothetis, appointed chair of the PCAOB in January, said the watchdog would pursue “narrow” changes to the standard.

Following these tips can help maintain an audit quality-control system that holds your firm to professional standards and aids in delivery of a top-notch product to clients, experts say. Focus on the ...

What if audit stopped looking backward and started shaping the future? Ditch the checklists — real risk leadership starts with trust, not control. What happens when audit stops guarding the past and ...

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 ...

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 ...