Cameron Burskey, managing director of retirement security at Cornerstone Financial Services in Southfield, Michigan, offers a couple of spending tips that may help if your personal finance audit came away with some brutal conclusions: “If you think you need to purchase something, wait one day and...
Worried about your financial health? Give yourself a financial checkup with these simple steps to ensure you’re on track to meeting goals.
It explores the function of IT auditors as a source of audit evidence. It also examines how auditors interact with IT auditors. The study notes the need to improve the system-related educational experiences of accounting students who will be the IT and financial statement auditors of the future...
Is your website compliant with accessibility laws? Here is what you need to know about how and why to perform a full accessibility audit on your website.
to “Financial Statement Audits: How to Make Your Next Audit Your Best.” It will lead you through the concept of a financial audit by defining terms and the different types of audits (including integrated audits) along the way. Then, you will learn about the purpose of an audit and why...
Given the risks of an expensive audit, paying strict attention to the rules is the only smart decision you can make ~ Kathy Burlison Auditors are the experts who collect and review audited financial statements. An auditor accountant regularly monitors financial processes and ensures that companies ...
Financial due diligence goes beyond a financial audit. While a financial audit will verify the accuracy of the income statement, balance sheet and cash flow reports, the financial due diligence process looks behind the numbers to discover if the figures are sustainable and whether there are any hi...
Making a mistake on your tax return isn't as big a deal as you might think. The IRS allows you to file an amended tax return to correct any errors you may have made, including missed tax deductions. If you made a mistake or missed something on your lates
We investigate whether audit offices respond to audit fee pressure by increasing their focus on nonaudit services (NAS), as well as the combined effect of audit fee pressure and an increased focus on NAS on audit quality. We find a positive association between audit fee pressure and changes in...
or other financial crimes. In the process of a forensic audit, the auditor may be called to serve as an expert witness during trial proceedings. Forensic audits could also involve situations that do not include financial fraud, such as disputes related tobankruptcyfilings, business closures, and ...