A financial audit is a chance for your business to double-check your books for accuracy and proper documentation of expenses. Consider it the company version of "making a list and checking it twice." ...

Publicly held companies, or private companies that apply for credit, must have routine audits of financial transactions conducted. Outside agencies, not affiliated with the company, perform these ...

Most enterprises that don’t use artificial intelligence only audit up to 10 percent of their spending, while companies that do use AI are able to audit virtually all their invoices, contracts and ...

Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. Managing expenses is a crucial aspect of maintaining ...

SAP Concur is adding a new auditing capability to Concur Expense that checks all expense reports for potential issues and irregularities. Dubbed Verify, the tool uses artificial intelligence models ...

Artificial Intelligence is transforming audits by enabling 100% transaction testing, reducing sampling risk, and enhancing fraud ...

here is very good news for CPAs whose clients face the often burdensome administrative costs of claiming allowable expense deductions for meals and entertainment (M&E)—the IRS now will permit the use ...

Amadeus is partnering with AI-powered auditing technology provider AppZen to integrate with its Cytric booking and expense platform for a "Smart Audit" tool, the companies announced. With the ...