A small business's internal control system can only be as strong as the rules, policies and procedures put in place to detect fraud, waste or abuse and protect its financial and physical assets.

Following these tips can help maintain an audit quality-control system that holds your firm to professional standards and aids in delivery of a top-notch product to clients, experts say. Focus on the ...

CAL FED’S INTERNAL AUDITORS MONITOR THE COMPANY’S risk profile and play a key role in identifying areas for risk management. Understanding the business operations can make the auditors a catalyst for ...

Question: What is the time frame requirement with regard to post-closing quality control (QC) audits? In short, when must they be completed? Answer: HUD and VA require that FHA and VA loans be ...

An internal audit control system is like a good diet and exercise plan. Like the measures you take to protect your health, it consists of all the policies and procedures you have in place to protect ...

Information security audits are on the rise, as organizations look to not only bolster their security postures, but demonstrate their efforts to other parties such as regulators. Audits, which are ...

What if audit stopped looking backward and started shaping the future? Ditch the checklists — real risk leadership starts with trust, not control. What happens when audit stops guarding the past and ...

The regulator said the audit found instances in which Boeing and one of its key suppliers did not properly adhere to quality-control requirements. By Mark Walker Reporting from Washington The Federal ...

Monique Danao is a highly experienced journalist, editor, and copywriter with an extensive background in B2B SaaS technology. Her work has been published in Forbes Advisor, Decential, Canva, 99Designs ...