Subjecting your business for regular third-party review and evaluation helps your small business successfully evolve. External reviews allow you to observe problems within your business that you might ...

Projects often entail a significant investment of capital and employee time. If the project goes off track, with missed milestones or a ballooning budget, many businesses choose to conduct a project ...

This section outlines the financial, project audit and compliance reporting requirements, ahead of project closure, which must align with annual commitments. Project completion means that 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 ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

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 ...

Financial risks focus on managing the risks of potential loss of physical assets and financial resources. Business risks include contracts, cash and investments, revenue, and inventory. Operational ...