IMGCAP(1)]Documenting audit and review procedures often feels more like administrative than value-adding work. Processing Content And some procedures—like analytics, for example—require more extensive ...
STATEMENT ON AUDITING STANDARDS (SAS) no. 96, Audit Documentation, marks the first big change in the requirements auditors must observe when documenting their audit work. It provides general guidance ...
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." ...
Small to medium-sized accounting firms can do more to improve the quality of the documentation that support their audit engagements. In the year ended June 30, 2009, the 62,000-member Institute of ...
If your company issues home mortgages, you may occasionally need to hire an auditor to review your files. Mortgage file audits serve as quality control for internal purposes or external validation for ...
A lack of “healthy paranoia” can be one of the biggest problems in approaching employee benefit plan (EBP) audits, said Bertha Minnihan, CPA. An EBP audit at first may seem straightforward and simple, ...
Zach Olsen, Kristen Pryor, M.S. Some of the Office of Federal Contract Compliance Program’s (OFCCP) most notable proposed changes to its supply and service (S&S) scheduling letter relate to the new ...