Periodically auditing the way your business runs can help you identify problems and ensure established procedures are followed. An audit -- which can be conducted by internal staff members or an ...

An audit of management performance with regard to external strategies helps you identify problem areas and lets you correct strategic approaches that are not effective. An assessment of the external ...

Bad management, inefficiency, malfeasance and incompetence have often been enabled for years before an audit is finally initiated. Interdepartmental politics, turf wars, jealousy, meddling and ...

An audit of the decade-old nonprofit group that manages the Clark County Fairgrounds presents a mixed bag, showing that while the organization is successfully making money, more could be done to ...

Enterprisewide risk management systems have expanded greatly in recent years, primarily as a tool to help management and the board proactively deal with emerging risks. While the entity’s approach to ...

The Committee of Sponsoring Organizations of the Treadway Commission released a new paper Wednesday on uniting COSO’s enterprise risk management framework with “agile” practices in internal auditing ...

Risk-based audit needs a reset to enterprise risk and value auditing. When I became a chief audit executive (CAE) for the first time in 1990, I determined a risk-based approach was inadequate. A ...

Compliance and regulations are an increasingly important factor in business processes and operations. In addition to introducing good quality control, these standards demand proven, documented, ...

Internal auditors love fraud: detecting it and investigating it. The majority of boards and top management expect internal auditors to dedicate a fair portion of their time to auditing for fraud and ...