Auditors play an important role in our organizations and regulatory systems, protecting companies and the public from risk, ...

Audits are an important part of a compliance program and help monitor compliance obligations, identify non-compliance, and quantify overpayments. But, planning the audit is often just as important as ...

Since the onset of the COVID-19 pandemic, most aspects of our lives have transitioned to virtual spaces. Pharmaceutical companies quickly adapted to virtual options to ensure critical processes were ...

The Auditor-General for the Federation, Mr Shaakaa Chira, alongside other experts, has underscored the importance of record keeping in both official and personal life, describing it as a fundamental ...

Auditing standards state that inquiry alone does not provide sufficient evidence regarding the lack of material misstatement (AU-C §500, Audit Evidence, ¶.A2), yet regulatory inspections and ...

IN May, which was Internal Audit Awareness Month, we reflected on the growing importance of internal audit in strengthening organizational resilience and enabling informed decision-making, supported ...

The Fair Labor Standards Act (FLSA) is a federal law that establishes a minimum wage and regulates the number of hours worked each week. It also determines how overtime is awarded, protects children ...

IRS Form 5498 is one of the most overlooked but critically important IRA forms. While Form 1099-R usually gets attention during tax time for reporting distributions, Form 5498 plays a ...

For a new auditor, the first busy season can be an exciting time and a fantastic opportunity for professional growth. Here are suggestions for new auditors and those who nurture their development.