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.

An organization that is well-prepared for such an audit will make the process less stressful and time-consuming for everyone involved. Safety audits are a great way to ensure that an organization ...

THE GAO AMENDED THE AUDITOR INDEPENDENCE provisions of its generally accepted government auditing standards (GAGAS). Originally, the amendment was to be effective for audits beginning on or after ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Not all companies audit their algorithms to ensure fairness and accuracy, but a growing number of experts say they should. Fully-automated job-matching site tilr, relies on several algorithms to ...

The security of any organization's data and systems can often be compromised by seemingly benign entities—third-party contractors, vendors and outsourced service partners. While these external ...

This guide is intended to help SPS Pre-Award, SPS Post Award , SPS Contracting or Business Offices who get contacted by a sponsor or auditor related to any financial review related to a grant. It ...

Accounting and auditing are both related to finance, but they are not the same thing, and the distinction between them is important to understand. Generally speaking, accounting is defined as managing ...

Forbes contributors publish independent expert analyses and insights. I write about military forces and budgets at a think tank in DC. On Thursday the Department of Defense announced the latest ...