Auditing your records management process ensures that your business meets legal and regulatory requirements. The process also provides a window into the effectiveness of your operations. Whether an ...
Businesses can get a decent idea of how they are doing in operations by examining internal company data through reports and graphs. However, sometimes those close to the company don't review this data ...
According to the American Hospital Association’s RAC Trac survey for the fourth quarter of 2013, 68 percent of hospitals reported spending more than $10,000 managing the RAC process, while 50 percent ...
While significant progress has been made in both technology and processes to establish best practices in audit management, a common pitfall remains for many organizations: disparate silos of ...
Internal Audit is an independent, objective, assurance and consulting activity, assisting the university in meeting its objectives and improving the effectiveness of risk management, control and ...
In the early days of computers, many people were suspicious of their ability to replace human beings performing complex tasks. The first business software applications were mostly in the domain of ...
AUSTIN (KXAN) — The city of Austin’s Public Works Department wasn’t consistent in tracking project costs and ensuring the quality of projects during 2016 and part of 2015, according to an audit ...
Each year, the Chief Audit Officer develops an audit plan for the University. Using a risk-based methodology, and in collaboration with University leadership, the Chief Audit Officer analyzes ...
Financial risks focus on managing the risks of potential loss of physical assets and financial resources. Business risks include contracts, cash and investments, revenue, and inventory. Operational ...