Since the Sarbanes-Oxley Act of 2002 and Auditing Standard No. 5 were issued, momentum continues to shift towards continuous monitoring or automation solutions. Such systems are often the focus of ...

Companies are affected by external environments that are constantly changing due to new technologies, regulations and economic conditions. With the speed of these changes, audit committees and ...

Continuous auditing is a technology-driven auditing process in which financial reports and account data are analyzed on an ongoing basis. It is generally viewed as an alternative to more traditional ...

More companies are using "continuous auditing" techniques, which are designed to use technology to accelerate the internal audit cycle and improve risk and control assurance, according to a new study ...

With stricter DoD oversight, automation is becoming critical for defense contractors seeking faster, scalable, and ...

Enhancements streamline evidence collection, prioritize risk-based remediation, and ensure continuous audit readiness, helping organizations reduce compliance costs and regulatory exposure Enterprises ...

On November 16, 2022, the IRS released a long-awaited update to the procedure for large corporate taxpayers and large partnerships under continuous audit to obtain Qualified Amended Return (QAR) ...

We find that many IT departments within our client’s organizations have very talented IT staff but all too often they don’t have an information security and compliance staff member on board. All too ...

Academic research in internal audit provides best practices and pertinent information for external and internal auditors. Below, we summarize recent internal audit research from leading academic ...

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