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A comprehensive guide to audit meetings Apr 25, 2024

One key aspect of the audit process that significantly influences its success is the series of meetings held at various stages. From the initial pre-audit meeting to the final exit meeting, these...

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Five Practical Tips to Prepare for an Audit Committee Meeting Mar 28, 2024

The audit is completed and the report has been issued, your work schedule has somewhat normalized and you can finally breathe - well until you receive the invitation to attend the audit committee...

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How to Evaluate Proposals to Select Vendor Mar 28, 2024

 

Whether you are soliciting a particular type of service for the first time or looking to replace an existing vendor, your evaluation of proposals should be a robust process that considers...

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Auditor vs Auditees vs Audit Client Roles during an audit Mar 28, 2024

For small to medium size organizations with limited related party relationships and operating in the private sector, the auditee and audit client tend to be one and the same on one end with the...

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How to Resolve Audit Findings: With or Without Corrective Action Plans Mar 28, 2024

Unresolved audit findings often lead to repeat audit findings which call into question the strength of your business internal control system. A weak internal control system reduces the reliance...

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How To Respond to Audit Confirmation Requests Mar 28, 2024

Audit confirmations are requests for information sent by auditors to third parties or business associates of auditees to confirm or corroborate information presented by the auditees. 

The...

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