Although some may see them as a headache, audits play a very important purpose in the operation of a nonprofit. For starters, ...

Much of the work at the Army Audit Agency hinges on exercising professional judgment and a commitment to dig deep into the available data to look for outliers or things that don’t add up ...

The Army Audit Agency provides internal audit services for Army operations at all levels. Most of our work involves performance/operational audits in areas such as ...

Ohio Auditor of State releases audit report for various public entities, ensuring transparency and fiscal integrity.

From identifying and assessing the risk of material misstatement due to fraud to designing and performing audit procedures responsive to those risks, addressing the risk of fraud is challenging.

STATEMENT ON AUDITING STANDARDS (SAS) no. 96, Audit Documentation, marks the first big change in the requirements auditors must observe when documenting their audit work. It provides general guidance ...

Here’s a quick breakdown of formal and informal audits: Audit (formal) – the annual ritual of providing objective evidence that a quality system is established, followed and effective. A good quality ...