Internal auditors are a company's financial watchdogs. Their task is to objectively examine a company's financial documents and review the operating procedures independent of management. When internal ...

In the rash of audit failures over the past few years, a startling trend has emerged that can seriously dilute the value and accuracy of the audit. It’s a practice that may well be at the root of ...

Small business owners sometimes rely on performance audits to ascertain the effectiveness of their companies. To identify unprofitable practices, the performance audit might analyze the company as a ...

High-profile enforcement activity is beginning to undermine the trust that the audit profession has earned over more than a century of diligent work. However, the historically large fines are not ...