“There are two types of companies: those that have been audited [for software violations] and those that will be.” So says Robert J. Scott, the managing partner of legal and technology services firm ...
The audit community’s adoption of electronic working papers to encourage collaboration has had an unintended consequence of creating dark data. That is, data trapped within these new documents, making ...
Auditing is, at best, a cumbersome and time-consuming engagement. Whether it’s an audit of internal controls, or one to produce audited financial statements, there’s always a fairly complex and time- ...
Entering the post-pandemic era, and faced with an uncertain economy, many software vendors have been looking for sources of additional revenue, and they have found it—through customer software audits.
Companies can use financial audit software to determine whether there are significant misstatements in their financial accounts. An audit is a legal obligation for businesses to stay out of fraud.