Having a career in prominent accounting firms is a dream for many people. However, not everyone understands the hype. If you are an accounting student looking for career options or someone established in the field but wants an improvement, the big four are probably a great career choice. You might know about the perks of … Read more
Have you ever wondered how companies run? What system keeps them organized and functional towards hitting the targets and achieving goals? We have a two-word answer for you: Internal Controls. Every business in the world has to have established internal controls to continue in proper order. You can design them yourself or hire a professional … Read more
So you got a degree in accounts and are looking for a job? With an accounting education, there are many opportunities for people to start their careers. From consultation to management and audit, there are so many options out there. If you are thinking about becoming an auditor, a long-lasting career path is waiting. However, … Read more
An accounting firm provides multiple services, from keeping their clients financially organized to taking care of taxes and payrolls. The legality of finances and risks of investments are also a part of the packages accounting firms offer. Whether you just got your degree in finance and are looking for a job or just surfing the … Read more
Professionals and entrepreneurs intending to setup for the long haul appreciate that remaining indefinitely viable means being unwavering in serving up quality to secure customer trust and create an outstanding reputation with all stakeholders in the ecosphere. To achieve this however, they won’t have to re-invent the wheel and adopt a method of trial and … Read more
During conduct of an inspection by auditors, a major chunk of field work in validating management’s representations and collecting proofs takes the shape of corroborating and vouching. Without the auditing of vouching, no investigation is complete and therefore it is imperative to grasp the concept of vouchers and what it means to ‘vouch’ in audit. … Read more
If you’re in the manufacturing business then getting it right the first time is a big deal. Nobody wants to spend energy, time and resources to produce a product that isn’t up to the standard. And so business owners use IQM to ensure that their products are in line with ISO 9001:2015 standards. What is … Read more
An audit is an essential element to build trust between the management and the stakeholders of the company. But what is an audit? And what’s all the hype behind the importance of auditing? What is Audit? Simply put, an audit is where the financial position and performance of the company is evaluated by an independent … Read more
What is Healthcare Auditing Medical auditing is a way of ensuring that over a period of time the actions that a hospital, or other medical institution has taken are correct, that they comply with the regulations and are right for the patient or client. It is a way of ensuring that the actions of those … Read more
What are various types of auditing risks and how you can reduce their impact. How to effectively manage the auditing risks and avoid the negative consequences.