An email sent to clients last week by Elliott Group CPAs in Charlotte, N.C., committed the firm to a new level of remote work on audits as a result of the coronavirus pandemic. The firm, which ...
Quality management is an important aspect of many regulated industries, and one essential component of quality management is ...
Please note: This item is from our archives and was published in 2021. It is provided for historical reference. The content may be out of date and links may no longer function. Sue Coffey, CPA, CGMA, ...
No one was prepared to have all their auditors and clients working from home. When the pandemic first hit this spring, we all had to improvise and do the best we could with the hand we’d been dealt.
IN BRIEF Public company auditing is a complex and challenging area of accounting practice. The following revisits the authors ...
Today, the term “remote audit” denotes a certain way of performing an engagement within the overall category of financial audits. However, as time goes on, there will be less need for the “remote” ...
Technology has been an audit enabler for businesses to effectively manage risk and remain compliant with ISO management system standards. While COVID-19 brought disruptions to on-site certification ...
There is a lack of trust in remote audits from some in the food industry, according to an expert who looked into the subject for the Global Food Safety Initiative (GFSI). Solely remote audits are not ...
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.
Remote audits should not replace physical visits but can be used as part of a hybrid approach, said presenters at the Vienna Food Safety Forum. The United Nations Industrial Development Organization ...