Thirty-one percent of internal audit functions that are already using audit management or GRC software increased their use of such software in 2020, most notably to collaborate remotely with internal ...

Companies can use financial audit software to determine whether there are significant misstatements in their financial accounts. An audit is a legal obligation for businesses to stay out of fraud.

For more than a decade, I have been trying to dispel lingering myths that haunt the modern internal audit profession. Processing Content Some of the myths are based on perceptions, such as "Internal ...

An internal audit measures a company's compliance with external and internal standards. With an checklist for an internal audit of a company, a small-business owner can regularly validate the ...

Scott Nevil is an experienced writer and editor with a demonstrated history of publishing content for Investopedia. He goes in-depth to create informative and actionable content around monetary policy ...

Karen Schwartz is a freelance technology writer based in the Washington D.C. area. A software audit is a daunting situation for any organization – one that creates demands and stress on IT staff and ...

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 ...

Academic research in internal audit provides best practices and pertinent information for external and internal auditors. Below, we summarize recent internal audit research from leading academic ...

Internal Audit is an independent, objective, assurance and consulting activity, assisting the university in meeting its objectives and improving the effectiveness of risk management, control and ...