Many months and about $1 billion in taxpayer funds later, the U.S. Department of Defense recently announced that it had failed its second comprehensive audit, chalking up another “F” on its audit ...

There has been much writing and talk in the media and elsewhere on the performance of organizations in both the public and private sectors as it relates to transparency and accountability. Decisions ...

Auditing your records management process ensures that your business meets legal and regulatory requirements. The process also provides a window into the effectiveness of your operations. Whether an ...

IRS audit 2026: What happens after you’re selected and your next steps - ‘Tackle it quickly. Meet their deadlines,’ one ...

The directive went to his cabinet members and is set to work alongside $24 million included in the governor’s budget proposal ...

Each year, the Chief Audit Officer develops an audit plan for the University. Using a risk-based methodology, and in collaboration with University leadership, the Chief Audit Officer analyzes ...

Companies engage in a range of audits, either auditing their suppliers, receiving audits from their customers, or inviting in auditing firms to undertake health checks of their businesses. Many audits ...

Forbes contributors publish independent expert analyses and insights. I am the Kester and Brynes Professor at Columbia Business School and a Chazen Senior Scholar at the Jerome A. Chazen Institute for ...

Internal Audit identifies all auditable activities and relevant risk factors, and assesses their significance through an annual risk assessment, utilizing the Committee of Sponsoring Organization's ...

Cost audits ascertain whether all of the processes of a business are managed effectively, and if there are areas within a company's business structure that are wasting resources. Cost auditing ...