This explains when manufacturing companies must undergo cost audit based on turnover thresholds. The key takeaway is that exceeding ₹100 crore overall turnover and ₹35 crore product revenue triggers ...

The average number of critical audit matters per audit report has declined over time, according to a study released Wednesday by the Public Company Accounting Oversight Board, while the proportion of ...

ASCs should incorporate an external audit into their compliance programs. Formal coding audit protocol should define the purpose of the audit, frequency of review and sample size. The difficult part ...

ESG and sustainability data are increasingly used by investors, regulators, customers, employees, and other stakeholders to assess the sustainability and value of a company. This expanded use has ...

When a regional logistics company received an unsolicited buyout offer from a national competitor, the owners were intrigued. Just as negotiations began, the buyer’s team requested audited financials.

The annual report, released Tuesday by Financial Executives International's Financial Education & Research Foundation, found that the average audit fee increased to $3.01 million in 2023, up from ...

DEBATE HAS RAGED FOR YEARS i n financial and accounting circles over issues of independence, auditing and accounting standards, and corporate governance. In the event of an auditing malfeasance trial, ...

A forensic audit of Parkside Fire Company for the years 2021-23 found grossly deficient record keeping resulting in the inability of auditors to confidently state whether the volunteer fire company ...

The North Amityville Fire Company has made progress in tightening its financial oversight, but a New York State audit says more improvements are still needed. The New York State Comptroller’s Office ...

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 ...

NAIROBI, KENYA: Members of Parliament (MPs) have threatened to not approve funds for the ministry of Agriculture if they are not given the forensic audit report on the financial management of Mumias ...