Audited financial statements are independent CPA evaluations costing thousands. They include balance sheets, cash flow, ...

Editor’s note: The author is technical director of the AICPA Center for Plain English Accounting. Addressing audit risk in financial statements with high levels of substantive procedures toward the ...

An audit report is a document created by a professional auditor at the conclusion of the auditing process. It provides a detailed summery of each of her findings. Audits are conducted for a variety of ...

Petty cash accounts are used by companies to cover small, miscellaneous expenses that are not easily categorized. For many business owners, the difficulty with petty cash accounts is keeping track of ...

The Case Western Reserve’s Board of Trustees and management place assets at risk to achieve established priorities and goals. A key function of the Office of Internal Audit Services is to understand, ...

Any business that uses assets should hold a regular asset inventory audit in order to track important data like the number, condition, and location of all assets. The audit is a cost-effective method ...

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 ...

Beijing Media Corp. Ltd. Class H ( ($HK:1000) ) just unveiled an update. Beijing Media Corporation Limited has formalized detailed Rules of ...

Annual Audit Plan – An annual audit plan is developed by the Director of Internal Audit based on a university-wide assessment of risk and where Internal Audit can make the greatest impact. Input from ...