Auditors spend a substantial amount of time testing inventory because it usually makes up a large portion of company assets. Many auditors maintain a physical inventory count checklist of items to ...

The report is the culmination of an internal audit, where the internal auditors describe what they found, provide evidence of the issues that were detected, and the corrective action that they ...

The checklist covers not only what is required by SMSF auditors in regard to auditor independence but also what documents the regulator expects and what it will be focussing on in regards to auditor ...

The purpose of a finance audit is threefold. First is to confirm that procedures are in place to govern a business to obtain optimum profit levels. Second is to verify compliance with all applicable ...

Helping UK businesses acquire and maintain their UK Sponsor Licence The Home Office conducted 828 premise visits in January 2025 alone—a 48% increase from the previous year, according to recent UKVI ...

The CA Institute has come out with “Audit Working Paper Templates” to help auditors prepare their audit working papers consistently and effectively This has been brought out by the ICAI’s Auditing and ...

Peer reviews that monitor compliance with professional standards provide insights into what to look out for in not-for-profit audits to avoid deficiencies. These insights are particularly valuable ...