For decades, auditors have faced the competing pressures of enhancing audit effectiveness while performing audits more efficiently. By investing more time—and the right procedures—in the planning ...

Annual Audit Plan – An annual audit plan is developed by the Director of Internal Audit based on a university-wide assessment of risk and where Internal Audit can make the greatest impact. Input from ...

What is the purpose of audit planning if the audit may not ultimately follow the carefully thought out plan? As may be inferred from Dwight D. Eisenhower’s words—”Plans are worthless, but planning is ...

Engineering companies need internal audits regularly. These audits must be conducted according to an audit plan, so that the auditor can know that all important aspects of the company will come under ...

Supplier quality management is a critical business practice for companies that increasingly outsource business processes to strategic partners and have increased reliance on vendor products and ...

The retirement plan audit is, for most plans, an annual occurrence, but it can still strike fear into the hearts of many—especially those selected for a random audit. It is also a process during which ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In today’s competitive job market, many employers are ...

According to the 401(k) provider, its Audit Relief program, available for midsize businesses, can greatly reduce a plan audit’s duration and costs. Human Interest Inc., a 401(k) provider, is now ...