AUDIT: Earlier this month, the Auditor General released the 2011/2012 audit report to the National Assembly. His presenting and reading the summary of the report to Parliament is in itself a major ...

Annual Audit Plan – An annual audit plan is developed by the Director of Internal Audit based on a university-wide assessment of risk and where Internal Audit can make the greatest impact. Input from ...

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 widespread use of information technology (IT) can introduce various risks that affect financial reporting and the audit process. To assist auditors in identifying and addressing these risks, the ...

For the last two years I've had the opportunity to represent the incredible men and women of the internal audit profession. You don't often read about the invaluable contributions that internal ...

I’ve been in this “thing of ours” for 21 years now. And for about 12-13 years of that, I’ve been doing audits (technical and forensic). A lot of them, too. From mom-and-pop shops to Fortune 500s – ...

Private companies typically do not audit their books unless an outside party requires it. Audits are a material expense and require great effort. The bank is typically the first party to require an ...

The UK’s Financial Reporting Council (FRC), the regulatory watchdog for the accounting industry, has set a deadline of June 2024 for the Big Four accounting firms to separate audit practices from the ...

An audit can be an unpleasant surprise, or it can be a welcome opportunity to get your organization's affairs in order. While some audits – such as those performed by the IRS – come as a surprise, ...