Companies, government agencies and nonprofit organizations use auditing practices to manage compliance with internal controls. For example, an auditor looks for inconsistencies in financial records.
In this, the first in a two-part series, we walk through the initial steps businesses need to take to mobilize their data: a data audit and data consolidation. It has been argued that “data is the ...
In a world replete with regulations and threats, organizations today have to go well beyond just securing their data. Protecting this most valuable asset means that companies have to perpetually ...
Last June 5, MinnPost posted a Community Voices commentary titled “A battle is looming over Health Plans’ secret price data.” In 2014, the Health Plan HMOs that operate the state’s public health care ...
The American Institute of CPAs’ Auditing Standards Board has issued a proposed standard on audit evidence to update an older standard and include new technologies such as data analytics and blockchain ...
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Historically, database auditing and database performance have been like oil and water; they don’t mix. So auditing is often eliminated, because performance drag on critical systems is unacceptable. In ...
An analytical review in accounting is used by auditors to assess the reasonableness of account balances. Examples of analytical reviews of financial statements broadly include vertical and horizontal ...
ESG and sustainability data are increasingly used by investors, regulators, customers, employees, and other stakeholders to assess the sustainability and value of a company. This expanded use has ...
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