Auditing

Featured Articles

data-extraction1

April 17, 2014 

New Solution Designed to Solve SAP Data Access Challenges

The new version of ACL Direct Link for SAP ERP and SAP CRM, an SAP-certified data extraction add-on for ACL Analytics (AN) and ACL Analytics Exchange (AX) helps professionals who are struggling to gain access to transactional SAP data necessary to test controls and ensure regulatory compliance under Sarbanes-Oxley and other financial requirements.

 Cloud Audit & Compliance System Achieves Milestones

April 2, 2014 

Cloud Audit & Compliance System Achieves Milestones

Since cloud-based audit, compliance, and risk management provider ACL first introduced its ACL GRC system in May 2013, the company has achieved several major milestones, including the expansion of its global footprint, rapid increase of new customer engagements, and recognition by industry leaders.

Isaac M. O'Bannon

 Virginia Environmental Agency Faces Critical Audit Over Grant Funds

February 4, 2014 

Virginia Environmental Agency Faces Critical Audit Over Grant Funds

Signs of poor financial oversight at a Virginia state agency responsible for environmental stewardship emerged late last summer when federal government monitors spotted record-keeping gaps during a review of six grants awarded to Virginia totaling nearly $740,000.

 Homeowners Being Duped by “Securitization Audits,” According to Fraud Examiners

January 16, 2014 

Homeowners Being Duped by “Securitization Audits,” According to Fraud Examiners

A new foreclosure rescue scam promises to help distressed homeowners keep their homes through the use of a "securitization audit." "The only problem, according to investigative firm Mortgage Fraud Examiners: These "hucksters" are charging fees for information that's free to anyone for the asking, and knowing who owns the note won't save anyone's home."

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December 11, 2013 

PCAOB Scrutinizes Engagement Quality Reviews

The Public Company Accounting Oversight Board (PCAOB) has released a report that provides information about registered audit firms' implementation and compliance with Auditing Standard No. 7, Engagement Quality Review.

 Pittsburgh Controller Says Better Controls Needed

December 3, 2013 

Pittsburgh Controller Says Better Controls Needed

Pittsburgh City Controller Michael Lamb said today that the Department of Public Works needs to do a better job of keeping track of its inventory after an audit found equipment was missing.