When performing annual retirement plan financial audits, plan sponsors and their auditors should look for potential “red flags” for regulators. James E. Merklin, partner in charge of Assurance ...
Creating an effective revenue cycle auditing and monitoring plan may require help from multiple departments. Revenue cycle leaders are paying closer attention to their auditing strategies as costs ...
What is the purpose of audit planning if the audit may not ultimately follow the carefully thought out plan? As may be inferred from Dwight D. Eisenhower’s words—”Plans are worthless, but planning is ...
Reporting and performance requirements for practitioners auditing employee benefit plans subject to the Employee Retirement Income Security Act of 1974 (ERISA) will change under a new standard that ...
The annual audit plan outlines the audit projects and consulting activities that will be performed by the Office of Auditing and Consulting Services for the fiscal year. The plan is prepared using a ...
A marketing plan audit is a comprehensive review used to evaluate marketing strategy, gauge return on investment and ensure meeting an organization's objectives. Simply, the audit will identify ...
If you haven’t done a dependent eligibility audit of your health insurance plan recently, you may be paying for benefits for people who don’t belong on the plan. “A dependent eligibility audit ...
Labor Department leadership says the update is designed to expand retirement plans’ access to highly qualified auditors and audit firms. The U.S. Department of Labor has issued new guidance for ...
The American Institute of CPAs’ Auditing Standards Board proposed a strategic plan Friday that will guide the ASB’s work over the next three years. The Proposed Strategy and Work Plan has five ...
One of internal audit's values is to tell management when the controls to manage risks and assure opportunities aren't working. Internal audit should have a plan for the work it will do, and by now we ...
The American Institute of CPAs has begun offering intermediate and advanced certificates to CPAs who perform “single audits” of governmental entities and grantees and audits of employee benefit plans.