The purpose of an operational audit is to improve the efficiency of day-to-day operations, reports Accounting Tools. These activities contribute indirectly to the functioning of the business.

THE ASSESSMENT OF COMPANY-LEVEL CONTROLS is a critical part of complying with section 404 of Sarbanes-Oxley. The PCAOB says public companies must assess the design and operating effectiveness of these ...

Emergency responders have “go bags” with important equipment, power bars and a change of clothes. They plan for the worst, participate in the incident command system at various levels and are prepared ...

Are you an auditor engaged to audit an entity that is less complex? If so, you may wonder why you spend time on the audit evaluating internal control. This may seem like an exercise that is much more ...

DEERFIELD, Ill.--(BUSINESS WIRE)--Baxter International Inc. (NYSE:BAX), a leading global medtech company, today announced a comprehensive strategic roadmap to meaningfully enhance its operational ...

This project is broken into two phases. Phase 1 consisted of two workshops and a consensus study in the context of U.S. Naval Forces’ broader ‘decision space’ needs. Phase 2 will involve a follow-on ...

While operational efficiency can drive improvements, it often falls short of true transformation. To address this, many organizations are turning to transformation functions to bridge the ‘missing ...

magine Indonesia as a high-performing engine, ready to roar: Its young population is the fuel, and its vast resources are the oil. But to achieve an ambitious 8 percent gross domestic product (GDP) ...

This project is broken into two phases. Phase 1 consisted of two workshops and a consensus study in the context of U.S. Naval Forces’ broader ‘decision space’ needs. Phase 2 will involve a follow-on ...