Special thanks to John J. Hall, CPA, President, Hall Consulting, Inc. for providing this valuable information on internal control.
Stand back and enjoy the glorious big picture perspective when reviewing working papers before delving into the details.
Looking for something new to watch this holiday season? These 35+ movies may not qualify for CPE hours, but you’ll be entertained while sharpening your professional skepticism and fraud detection skills.
Here are several ways (with examples!) to quantify a finding, because numbers are the key to making issues real.
Walking through the steps of a SWOT Analysis can help you and your auditee identify risk and choose an audit subject.
Ask yourself if your audit topic could result in one of these 4 SPOOKY inherent risks: Death/injury, shame, loss of money or missed goals.
Use these four audit procedure qualities – pointed, strong, cheap and easy – to determine you’re on the right path. If not, it’s time to design a new methodology!
Our friend, Charles B. Hall, CPA CFE of CPA Hall Talk, shares the importance of testing journal entries in audits, no matter how good your internal controls are!
Oh no… Another boring audit report? Not this time! Implement these tips and tricks to jazz it up by always including a dynamic and well-written executive summary!