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 ...
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 ...
The field of accounting operates with many specializations, and auditing and forensic accounting are two of the most common. Although forensic accounting analysis and auditing seem like similar ...
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 ...
A legislative review of Minnesota State Auditor Rebecca Otto’s office failed to reach a verdict on whether her staff is monitoring county government finances efficiently. Last year, lawmakers ordered ...