Safety audits are a great way to ensure that an organization adheres to the highest safety standards and regulations. They provide an objective assessment of workplace safety protocols, revealing both ...

When it is time to bring in an external audit firm — perhaps because lenders, investors or a regulatory body triggered the need to audit your financial statements — preparation and responsiveness are ...

We are often asked how to prepare for an IRS audit. The first and most important thing to know is that speaking directly with the IRS is not in your best interest. IRS Revenue Officers (auditors) are ...

Conducting regular audits can help a small business identify problems and highlight strengths within the business. Employing the use of an audit checklist will not only help a small business review ...

Cybercrime is up 600 percent since the start of the pandemic, and higher education institutions are especially at risk. In fact, 74 percent of universities have had to halt valuable research projects ...

On April 23, 2020, the U.S. Department of the Treasury and Small Business Administration (SBA) announced that public companies receiving Paycheck Protection Program (PPP) loans, who were concerned ...

If you’ve ever been involved with an audit, odds are you know what true terror feels like. Just hearing the word “audit” seems to increase anxiety and the need ...

“Correspondence from the IRS doesn’t necessarily mean they’re auditing you,” said Abby Donnellan, a CPA and senior tax strategist at Moneta in St Louis. “The first thing to do after you receive a ...

Businesses that reconcile their financial books at the end of each month will make it substantially easier for them to have a well-prepared, problem-free year-end audit. “If you are reconciling every ...

St. Joseph Fire Department officials are pre-emptively preparing for an audit to ensure its systems are running smoothly and home insurance premiums aren’t negatively affected. The fire department ...

We have several bank clients that either operate a mortgage banking division or own a mortgage banking subsidiary. Operating within a regulated environment requires a respect and sometimes a fear of ...