The sales and collections cycle in a business refers to the set of processes that begin when a customer purchases goods or services and ends when your business receives payment in full. As part of the ...

An audit is a detailed scrutiny, analysis and verification of the accounting records, transactions and transaction documents of a business or an organization. The audit process involves the physical ...

When the COVID-19 pandemic hit the United States earlier this year, companies had to quickly adapt to the economic shock, stay-at-home orders and massive workforce disruptions. Although the severity ...

Revenue recognition, internal control over financial reporting, and professional skepticism are among the seven key areas for 2014 audit consideration, according to an alert sent Thursday by 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 ...