Confidence in audit quality has increased but many stakeholders have reported only a partial or limited understanding of the ...

Testing payroll during an audit can be a tedious manual process, the kind of grunt work that has long been viewed as the “dues” paid by young auditors before they advance in their careers. Recently, ...

Today’s audit profession is driving exciting and unprecedented changes that are fundamentally evolving the role of the auditor and how audits are performed. Breakthrough innovations in areas such as ...

(Reuters) - Wall Street's top regulator on Monday gave the nod to new accounting standards set by a watchdog agency, part of an effort to address concerns about the prevalence of poor quality audits.

The global pandemic brought unprecedented challenges to public company auditors as well as the clients and the public they serve. “Audit teams have risen to the challenge and evolved,” Kelly Grier, ...

A product audit -- often referred to as a quality audit -- is an inspection of a final product before delivering it to a supplier or a customer. Any company, including small businesses, should conduct ...

According to a global survey of business leaders conducted by KPMG and Forbes Insights, nearly all executives (98%) say their external audit firm uses advanced technology extensively. There’s little ...

Quality inspectors at Boeing, angry at management’s plan to streamline and automate some quality-control processes with fewer inspectors overseeing the work of mechanics, point to a recent ...

The processes you use to order merchandise for your company are vital to control risks, prevent fraud, ensure maximum savings and maintain regulatory requirements. You should develop a checklist to ...

A power quality audit is an organized, straightforward process that allows you to assess and monitor the electrical health of your facility. While it might seem complex at first, the audit process can ...