Diligent launched its new AuditAI solution, described as a strategic compliance tool that automates execution of internal audit tasks.

The latest wave of artificial intelligence (AI) technology promises to offer the technological leap that large and small firms have long awaited to transform the audit. Many rote tasks make aspects of ...

Small, privately held businesses that warehouse inventory in an onsite or offsite location typically conduct an annual internal inventory audit. While procedures for counting and valuing inventories ...

Contractors face a higher risk of IRS scrutiny. Organizing records, analyzing discrepancies, and professional representation are key to a favorable outcome.

Small-business owners can apply the results of inventory audits to examine their inventory management procedures and recording methods. These audits assure small-business owners that the company's ...

Editor’s note: The coronavirus pandemic has made inventory testing a huge challenge for auditors, particularly for client entities with a March 31 fiscal year end. Audit firms are requiring staff to ...

Protiviti, a global consulting firm, today announced the winners of its second annual Audit Innovator Award, recognizing internal audit leaders and functions who are redefining the profession through ...