Category: Audit and Assurance

A scheduled internal audit allows you to gauge the effectiveness of your business’s internal control system. An internal audit occurs once or twice every year. An internal audit helps uncover internal control weaknesses and evidence of fraud, wastage or abuse...

An organizations financial reporting standard determines the transparency that the company maintains with its board members and primary shareholders, but what it lacks to determine is the crucial intricacies in outlining the cashflows both in terms of influx and outflow...

Be it a small mom and pop business, a retail chain, a Fortune 500 company, a government programme or a financial agency, all of them require regular, strategic, and comprehensive audits to track an organisation’s financials. Below are the major differences...

Every business in the world needs funds to function, and as the company grows, the management needs to give more thought to the capital structure of the company. The primary objective of every business is to maximize the value of...

A career as a financial auditor is an extremely lucrative option for young graduates. In the article below, we’ll cover what it means to be an auditor, career prospects, growth and a lot more. Who Is An Auditor? An auditor...

An Internal Audit of a company is a complicated venture for the uninitiated. An internal audit helps a business understand its internal operations, specific product/ project financials and help prevent financial fraud or mismanagement. In this article, we’ll look at...

Sometimes a business has a number of branches or subsidiaries working for the parent company. Though these branches or subsidiaries could act as an independent company, some part of it is still answerable to the parent company. I order to...

Auditing refers to the process of scrutinizing the account books of the company to ascertain the correct financial position of a company and to make out whether all the transactions were legit thereby confirming the absence of any fraud. Auditing...

Directing an internal audit can be an extremely perplexing and time intensive undertaking and this is the explanation that relatively few business people and businessmen need to start the cycle of an internal audit in their company. In any case,...

Auditing Services are a way to find out if there is any discrepancy or any occurrence of fraud in the company. Once the business is set up, the management of the company needs to look into maintaining the business in...