The audit cycle can call for different tasks to be performed at different times—for example, inventory can be counted in October, and account receivables will be determined in November.

An internal audit is more likely to focus on employee fraud, and internal auditors design controls over processes that thwart the opportunity for it. Sales cycle examples include separating job ...

The 2020 audit cycle was unlike any other, with a host of accounting and reporting issues brought to the forefront by shifts to remote work, shuttered businesses and a standstill in deal activity.

Auditing of internal control over financial reporting, a topic that has received a lot of attention from the PCAOB this year, is among the key risk factors for the 2013 audit cycle, according to a new ...

Revenue cycle leaders at the University of Utah Health successfully established an automated and streamlined audit process that identifies potential errors at the point of coding. It's no secret ...