AUDIT: Earlier this month, the Auditor General released the 2011/2012 audit report to the National Assembly. His presenting and reading the summary of the report to Parliament is in itself a major ...

Hospitals are subject to numerous state and federal laws, rules, and regulations, like all healthcare organizations. However, due to their outsized role in our nation's healthcare system, the ...

The widespread use of information technology (IT) can introduce various risks that affect financial reporting and the audit process. To assist auditors in identifying and addressing these risks, the ...

Enterprisewide risk management systems have expanded greatly in recent years, primarily as a tool to help management and the board proactively deal with emerging risks. While the entity’s approach to ...

For the last two years I've had the opportunity to represent the incredible men and women of the internal audit profession. You don't often read about the invaluable contributions that internal ...

Ideally at the conclusion of an audit, a contractor receives a Notice of Compliance (NOC). A NOC indicates that no violations of OFCCP regulations were found during the audit. In some audits, OFCCP ...

Private companies typically do not audit their books unless an outside party requires it. Audits are a material expense and require great effort. The bank is typically the first party to require an ...