Companies, government agencies and nonprofit organizations use auditing practices to manage compliance with internal controls. For example, an auditor looks for inconsistencies in financial records.

Internal auditors are a company's financial watchdogs. Their task is to objectively examine a company's financial documents and review the operating procedures independent of management. When internal ...

Now that the SEC has approved the November 2003 New York Stock Exchange rule that listed companies must have an internal audit function, clients and employers are asking their CPAs how it might affect ...

2024 will be a demanding year for internal auditors who will be facing new requirements and updated standards. "The IIA is getting ready to put out new standards for internal auditors," said Richard ...

Drexel University is an institution that provides high-quality education, research and service; to ensure high standards are met, it is important that there be adequate systems of control and ...

Both internal and outside auditors have an obligation to independently evaluate the culture and systems of the organizations they audit. Auditing Standard 314, for example, mandates that an auditor ...

MENLO PARK, Calif., March 20, 2017 /PRNewswire/ -- The abundance of information captured in the world today and the ability to apply data analytics to assess, monitor and predict activity has many ...

Western Illinois University supports an internal auditing department as an administrative staff function and as an independent appraisal function to examine and evaluate University business or ...