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 ...

Financial risks focus on managing the risks of potential loss of physical assets and financial resources. Business risks include contracts, cash and investments, revenue, and inventory. Operational ...

The Bureau of Internal Revenue (BIR) issued new rules on the resumption of tax audits. It represents a meaningful recalibration of how tax assessments are administered in the Philippines. After ...

With the rise in number of cases of corporate frauds, several initiatives have been taken by the Institute of Chartered Accountants of India (ICAI), National Financial Reporting Authority (NFRA) along ...

Monique Danao is a highly experienced journalist, editor, and copywriter with an extensive background in B2B SaaS technology. Her work has been published in Forbes Advisor, Decential, Canva, 99Designs ...

Earlier this year, senior managers at the world’s six largest accounting firms were accused of failing to ensure climate change wsa ‘adequately’ addressed in financial reports and audits of their ...

A smart contract security audit is a complete review to find and fix vulnerabilities in the code to protect against hacks and failures. Regular auditing is critical for robust security while also ...

Before the introduction of payroll software, calculating employees’ wages and tax withholdings was tedious. It meant making painstaking manual calculations for every employee, and those calculations ...

While CSIA certification audits may seem intimidating at the outset, there is much to be learned from them for companies that take the right approach. As a company providing automation and system ...