Internal Controls

Auditing fixed assets is extremely important to ensure that accounting for capital assets and depreciation...

Corporations are always thinking about how to protect assets. A few of the white-collar crimes companies mu...

There are distinct differences between SOC 1 and SOC 2 reports, but these reports also certainly overlap. ...

Self-assessment is a process through which an organization utilizes its internal knowledge to identify and ...

In January 2013, the updated version of the Committee of Sponsoring Organizations of the Treadway Commissi...

It is common to find organizations investing more and more resources – money, time, staff, etc. – these day...

What should the audit committee’s relationship be with an organization’s board of directors, compensation c...

Defined policies and procedures play an integral role in efficient and effective company operations. They a...

As a result of the infamous Enron and WorldCom scandals, the U.S. reacted with strict guidelines to re-esta...

The SEC introduced “disclosure controls and procedures” as a new term in its initial August 29, 2002, relea...

Corporate fraud, employee theft, insurance scams/workers compensation fraud, employer fraud, forgery/falsif...

Segregation of duties (SoDs) is an important concept to internal control frameworks, financial reporting an...