An audit found extensive problems with behavioral health grants and deeper concerns at the Department of Human Services.

The report found that the Behavioral Health Administration did not comply with certain requirements and did not have adequate ...

The University of Iowa's Department of Anatomy and Cell Biology is not aligned with policy and best practices in how it ...

A statewide audit outlines the lack of financial oversight previously had over the disbursement of millions of dollars in ...

Small, privately held businesses that warehouse inventory in an onsite or offsite location typically conduct an annual internal inventory audit. While procedures for counting and valuing inventories ...

Inventory is a large part of the auditing process for companies with physical goods. Inventory is a substantial portion of total assets for many companies. In addition, there are many complex ...

Editor’s note: The coronavirus pandemic has made inventory testing a huge challenge for auditors, particularly for client entities with a March 31 fiscal year end. Audit firms are requiring staff to ...

Any business that uses assets should hold a regular asset inventory audit in order to track important data like the number, condition, and location of all assets. The audit is a cost-effective method ...

A new audit data standard issued by the AICPA Assurance Services Executive Committee addresses the inventory subledger and is intended to accommodate basic analysis of the inventory process. Through ...