Before the introduction of payroll software, calculating employees’ wages and tax withholdings was tedious. It meant making painstaking manual calculations for every employee, and those calculations ...

Any business that uses assets should hold a regular asset inventory audit in order to track important data like the number, condition, and location of all assets. The audit is a cost-effective method ...

Internal Audit identifies all auditable activities and relevant risk factors, and assesses their significance through an annual risk assessment, utilizing the Committee of Sponsoring Organization's ...

Here’s why it’s important to conduct a content audit — and a step-by-step guide on how to do it effectively. A content audit is an in-depth analysis of previously published, or “old,” content that ...

Samantha Bowling, CPA, CGMA, knows a thing or two about how accounting firms can use technology to boost audit quality. As managing partner at Upper Marlboro, Md.-based Garbelman Winslow CPAs, Bowling ...

The Bureau of Internal Revenue (BIR) issued new rules on the resumption of tax audits. It represents a meaningful recalibration of how tax assessments are administered in the Philippines. After ...

The debate about responsible financial reporting has not been sidelined by the COVID-19 pandemic. In fact, the future of audit—and how it should adapt to changing stakeholder demands—has only grown in ...

Financial risks focus on managing the risks of potential loss of physical assets and financial resources. Business risks include contracts, cash and investments, revenue, and inventory. Operational ...