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A quality audit is a review of the performance of one area of a business and an analysis of why the results occurred. Even small businesses can benefit from simple quality audits, which can help spot ...

Experts provided many thoughts on audit best practices during the AICPA Conference on Current SEC and PCAOB Developments in December, as a year of disruption drew to a close. Here are some highlights: ...

Testing payroll during an audit can be a tedious manual process, the kind of grunt work that has long been viewed as the “dues” paid by young auditors before they advance in their careers. Recently, ...

Companies, government agencies and nonprofit organizations use auditing practices to manage compliance with internal controls. For example, an auditor looks for inconsistencies in financial records.

QUAADRIL was set up to advise on standards and processes used for comprehensive clinical audits of diagnostic radiology services. To improve quality of such services, it focuses on clinical management ...

A recent report from the Department of Labor s Employee Benefit Security Administration should serve as a wake-up call for plan sponsors to make the audit process and auditor selection a high priority ...

Audit partners’ professional skepticism varies from high to low as the relationship between the partner and the audit client continues year after year, according to a study available at ssrn.com.

Today’s global audit firm isn’t worried at all, in my opinion, about its reputation—one of the most important characteristics of a true professional services firm. On June 18, the New York Department ...

The American Institute of CPAs has released an analysis of single audits and found several factors contribute to audit quality, indicating why some firms are having problems doing the audits.