Banks, credit unions and financial institutions must undergo a strenuous review of procedures and practices, just as public companies must submit to official audits. As part of this process, banks ...

People make errors. Banks make errors. That's why we compare our checkbooks with our bank statements, just in case someone added a figure wrong. It's even more important for your business than your ...

Internal Audit identifies all auditable activities and relevant risk factors, and assesses their significance through an annual risk assessment, utilizing the Committee of Sponsoring Organization's ...

Editor’s note: The author is technical director of the AICPA Center for Plain English Accounting. Addressing audit risk in financial statements with high levels of substantive procedures toward the ...

WASHINGTON, November 29, 2017— The World Bank Group is a member of the Monitoring Group, a group of international financial institutions and regulatory bodies committed to advancing the public ...