While significant progress has been made in both technology and processes to establish best practices in audit management, a common pitfall remains for many organizations: disparate silos of ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...

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 ...

Human resources staff should conduct periodic departmental audits to ensure the organization's compliance with employment regulations and human resources best practices. Audit processes and methods ...

IMGCAP(1)][IMGCAP(2)]Breakthrough innovations in such areas as artificial intelligence, workflow automation and data analytics are enabling auditors to deliver powerful insights that simply weren’t ...

Companies engage in a range of audits, either auditing their suppliers, receiving audits from their customers, or inviting in auditing firms to undertake health checks of their businesses. Many audits ...

Why is Auditing so Important? The food industry has seen unprecedented technological advancements, significantly enhancing operational efficiency and reducing costs. More importantly, these ...

In 2017, bitcoin, a cryptocurrency based on blockchain, skyrocketed in value and caught the eye of executives around the globe. While most of us have focused on the currency aspect, it’s no secret ...