Before the introduction of payroll software, calculating employees’ wages and tax withholdings was tedious. It meant making painstaking manual calculations for every employee, and those calculations ...

There’s nothing more unpleasant than a root canal, except maybe an audit of your IT operations. Yet with regular audits being a component of regulations such as PCI and SOX, there’s no escaping them.

Here’s why it’s important to conduct a content audit — and a step-by-step guide on how to do it effectively. A content audit is an in-depth analysis of previously published, or “old,” content that ...

Samantha Bowling, CPA, CGMA, knows a thing or two about how accounting firms can use technology to boost audit quality. As managing partner at Upper Marlboro, Md.-based Garbelman Winslow CPAs, Bowling ...

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 ...

Internal Audit identifies all auditable activities and relevant risk factors, and assesses their significance through an annual risk assessment, utilizing the Committee of Sponsoring Organization's ...

Henry Wadsworth Longfellow once said, “It takes less time to do things right than to explain why you did them wrong.” However, many audit firms think about quality as a task carried out at the end of ...

The Bureau of Internal Revenue (BIR) issued new rules on the resumption of tax audits. It represents a meaningful recalibration of how tax assessments are administered in the Philippines. After ...

Financial risks focus on managing the risks of potential loss of physical assets and financial resources. Business risks include contracts, cash and investments, revenue, and inventory. Operational ...