A small business's internal control system can only be as strong as the rules, policies and procedures put in place to detect fraud, waste or abuse and protect its financial and physical assets.

Public accounting firms love to land new audit clients and keep their current audit clients happy. After all, acquiring new business and retaining it is the key to growth. But revenue growth can cause ...

CAL FED’S INTERNAL AUDITORS MONITOR THE COMPANY’S risk profile and play a key role in identifying areas for risk management. Understanding the business operations can make the auditors a catalyst for ...

When you conduct an internal audit of your small business, you must set specific, measurable goals for that audit. You should be able to use the results of your internal audit to make improvements in ...

The tipster who called Orange County’s fraud hotline didn’t know the name of the man who paid for lunch with a high-ranking county official, but she recognized him as a consultant who did business ...

Question: What is the time frame requirement with regard to post-closing quality control (QC) audits? In short, when must they be completed? Answer: HUD and VA require that FHA and VA loans be ...

A new year brings new rules and regulations governing privacy and security of personal information. One of the biggest ...