Any business that uses assets should hold a regular asset inventory audit in order to track important data like the number, condition, and location of all assets. The audit is a cost-effective method ...
A forensic audit is an examination of a firm's or individual's finances to derive evidence that can be used in a court of law or legal proceeding.
The rapid rise of crypto assets has presented both opportunities and challenges for auditors, with regulators, practitioners, and businesses grappling to establish clear guidelines and procedures. 1 ...
FRISCO, Texas, May 26, 2020 /PRNewswire-PRWeb/ -- Asset Panda dramatically transformed its fixed asset audit tool on May 16, making it easier than ever for businesses to get up-to-date information ...
Small businesses hold a wide variety of assets, which make up a large portion of a new company's balance sheet. During an audit, the audit team is required to verify management's assertion that these ...
“This non-authoritative guidance goes a long way in helping auditors consider the potential risks unique to the digital assets ecosystem and the skillsets needed to conclude whether to accept or ...
When a business is audited, the reviewer job is to ensure that management's assertions in the financial statements are verifiably true. To assess the validity of these claims, the auditor will conduct ...
In the world of asset management, compliance is very important. It can range from simple policies set at your business to full-on laws enforced by government agencies, with penalties that range from a ...
The college has deployed a system from Radiant RFID that enables operators to capture the locations of high-value equipment in about a quarter of the time the manual process had required, while ...