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 ...

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.

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, ...

When performed correctly, audits of employee benefit plan financial statements can be extremely rewarding for a firm and its auditors. It takes specialized expertise to excel in employee benefit plan ...

Technological changes are already making an impact on how auditing firms are carrying out their audits. The Center for Audit Quality and the U.S. Chamber of Commerce’s Center for Capital Markets ...

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.

A power quality audit is an organized, straightforward process that allows you to assess and monitor the electrical health of your facility. While it might seem complex at first, the audit process can ...

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 ...