R1 (“R1” or the “Company”), the leader in healthcare revenue management, today announced the launch of Phare Audit, the most ...

Advisory and audit solutions provider Fieldguide released Field Agents for Financial Audits, which comes with an agentic AI "Audit Testing Agent" to automatically execute the testing workflow ...

Revenue is the heartbeat of every business. It shows how money flows in, whether a company is growing, and ultimately, whether it is sustainable. But for auditors, checking revenue is not just about ...

FASB’s new revenue recognition standard, FASB ASC Topic 606, Revenue From Contracts With Customers, is one of the most significant changes ever in U.S. GAAP. The new, principles-based standard ...

The Auditor-General for the Federation (AGF), Shaakaa Chira, has emphasised that adopting modern auditing techniques in financial processes can help address critical issues such as revenue leakages, ...

Discover how a total revenue test measures price elasticity to refine pricing strategies and boost business revenue. Learn to differentiate between elastic and inelastic demand.

Dealing with the Internal Revenue Service (IRS) is sometimes a difficult and complicated process. Even more so now given the pandemic. Interactions with a Revenue Agent may not happen in person, but ...

On November 16, 2022, the IRS released a long-awaited update to the procedure for large corporate taxpayers and large partnerships under continuous audit to obtain Qualified Amended Return (QAR) ...

Every year, Nigeria suffers significant financial losses due to fraud and corruption, amounting to billions of naira. These losses manifest in various detrimental outcomes such as stalled projects, ...