The processes you use to order merchandise for your company are vital to control risks, prevent fraud, ensure maximum savings and maintain regulatory requirements. You should develop a checklist to ...

Discover the audit cycle process, from identification to management review, and learn how it ensures accurate financial ...

When the COVID-19 pandemic hit the United States earlier this year, companies had to quickly adapt to the economic shock, stay-at-home orders and massive workforce disruptions. Although the severity ...

A crucial part of the University’s Procurement Card program is the ongoing auditing feature. Virtual audits are conducted on an annual basis. This ensures that all cards are used for authorized ...

Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. A management audit is an analysis and assessment of the ...