Nearly 84% of U.S.-based plans have an ERISA violation, spotlighting a need for independent benchmarking audits.

There are 5 key risk areas that could provide guidance for auditors in today’s evolving privacy landscape. By identifying and defining these key risk areas, auditors can ensure robust and comprehensiv ...

Same As Last Year' does not cut it for IT auditors looking to successfully adapt to new risks and opportunities.

A growing number of companies are adopting risk-based and data-centric cybersecurity approaches like data security posture ...

In 2024, the Ease of Paying Taxes (EoPT) Act introduced the new Risk-Based Approach in verifying and processing VAT refunds. As part of the verification process, the BIR now classifies applications ...

Shoddy auditing is putting the UK economy at risk, argues Adam Leaver, accounting professor at Sheffield University and director of the Audit Reform Lab think-tank ...

To identify areas of potential risk, each year the Office of Internal Audit Services performs a thorough risk assessment of all university management centers, operating units, and significant ...

This type of risk is any that occurs naturally due to a factor other than a failure of internal control. In a financial audit, inherent risk is most likely to occur when transactions are complex ...

THE Independent Regulatory Board for Auditors (IRBA) wants individual members and auditing firms found guilty of committing severe transgression to face fines between R10 million and R25 million ...

After weeks of promising “one big, beautiful bill,” House Republican leaders are at serious risk of being outmaneuvered by an unlikely GOP alliance as Speaker Mike Johnson struggles to sell ...

If something doesn't add up or match − whether intentionally or by accident − you run the risk of getting audited ... The easiest way to avoid an audit is to slow down and be "accurate ...