The Information Systems Audit and Control Association has released the third edition of its book IT Control Objectives for Sarbanes-Oxley to help information technology professionals focus on ...

Payroll expense is the sum total of all compensation that a business must pay to its employees for a set period or on a given date. Payroll is one of the biggest expenses incurred by a business, which ...

Inaccurate or falsified financial records are bad for everyone. They are bad for investors deciding if a company is worth their money and bad for managers who make decisions based on what the accounts ...

THE ASSESSMENT OF COMPANY-LEVEL CONTROLS is a critical part of complying with section 404 of Sarbanes-Oxley. The PCAOB says public companies must assess the design and operating effectiveness of these ...

The SAS 70 auditing standard has been a must for service providers to test internal security controls. But it hasn’t been without critics, and SAS 70’s replacement is at hand. In June 2011, it will be ...

Internal auditing is an independent appraisal function that is performed in a wide variety of companies, institutions, and governments. What distinguishes internal auditors from governmental auditors ...

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 ...

Do you have a robust, reliable and credible internal audit department? Is the function still into the traditional, “police-type”, compliance-based audit? Or has it adopted a risk-based approach? As ...

Mar. 9 – Internal control and audit efforts in China are often criticized for only meeting compliance requirements, with little or no benefits to the business – form over substance. This is not, ...

In our article of 15 July 2019, we referred to several international scandals involving companies that have been audited by the Big Four (KPMG, Deloitte, Ernst & Young and PWC) and the possibility of ...