Any business that uses assets should hold a regular asset inventory audit in order to track important data like the number, condition, and location of all assets. The audit is a cost-effective method ...

As oil enters the ninth month of sub-$50 per barrel prices – and natural gas languishes below $3 per MMBtu – the oil and gas industry confronts a challenging time of transition. Layoffs have already ...

Conducting an in-house audit or an independent audit for another company requires you to delve into the finances and physical assets of the business to in order to balance the tangible with the ...

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 ...

Some important themes are emerging in auditors’ reporting of critical audit matters, which are the key component of the biggest change to public company auditor reporting in 70 years. Goodwill and ...

BOSTON — As drivers and MBTA users cope with transportation system problems, the Massachusetts Department of Transportation is using an inefficient system to managed its extensive real estate assets, ...

Organizations face a critical need to manage IT asset disposition securely as business technology evolves rapidly. Secure data erasure and compliant disposal processes are essential for reducing risks ...

The Seaford School District was subject to a multiyear state audit that found the district did not maintain complete and accurate capital asset records, according to the office of state Comptroller ...