An external audit focuses on a company's performance and compliance, specifically in the areas of accounting and finance. Accounting records are commonly examined in an external audit to make sure no ...

In the wake of the corporate downfalls of companies like Enron and WorldCom, focus in 2011 is on auditors to find misdeeds before they hit the front page of the newspaper. Contributing to the reliance ...

An audit is a systematic process of objectively obtaining and evaluating the accounts or financial records of a governmental, business, or other entity. Whereas some businesses rely on audits ...

The Securities and Exchange Commission (SEC) requires public companies to issue financial statements. Before these statements become available to investors and the public, they need to undergo an ...

The external auditor is better positioned to tell you what you need to know, even if it means a change in current procedure. 4. Expertise and resources. Choosing an outside auditor should ensure a ...

The University at Buffalo fully cooperates with and assists external auditors and investigators. The UB Internal Audit Office is the designated point of contact and coordinates external audit activity ...

An organization that is well-prepared for such an audit will make the process less stressful and time-consuming for everyone involved. Safety audits are a great way to ensure that an organization ...

The Financial Supervisory Service will hold nationwide briefing sessions to enhance the understanding of companies and ...

Academic research in internal audit provides best practices and pertinent information for external and internal auditors. Below, we summarize recent internal audit research from leading academic ...