Companies can use financial audit software to determine whether there are significant misstatements in their financial accounts. An audit is a legal obligation for businesses to stay out of fraud.

The introduction of Statement on Auditing Standards (SAS) No. 145, "Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement" (SAS 145) last December marked a ...

Sean Manning is CEO and Founder of Payroll Vault Franchising LLC, as well as a CPA and Thought Leader in the Financial Field. As a business owner, conducting year-end financial audits is more than a ...

Quick Summary Managing audits across departments, regulations, and stakeholders can quickly become complex for modern enterprises. This guide cuts through the noise by spotlighting the top seven audit ...

The audit community’s adoption of electronic working papers to encourage collaboration has had an unintended consequence of creating dark data. That is, data trapped within these new documents, making ...

Entering the post-pandemic era, and faced with an uncertain economy, many software vendors have been looking for sources of additional revenue, and they have found it—through customer software audits.