Risk-based audit target selection can increase the probability of conducting value-added audits

Article Abstract:

Risk-based audit selection is a systematic process that used objective measures to assess risk and opportunity in an audit universe. Costs associated with all audit organizations, whether an internal or external organization in the private or governmental sector should be a means for adding value instead of simply being a cost of business.

Analysis, Risk assessment, Value added

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An assessment of the quality of single audits: the National Single Audit Sampling Project

Article Abstract:

The outcome of the National Single Audit Sampling Project launched to measure single audit quality in the United States using statistical methods is discussed. The recommendations of the project are also presented.

Product quality, Evaluation, Quality management, Public finance, Government accounting

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The world of connected things

Article Abstract:

The article highlights the significance of the world connected through the Internet, the system security aspect, and unlimited usage of the interconnectivity in different spheres for business purposes.

Forecasts, trends, outlooks, Usage, Internet, Forecasts and trends, Technology application, Market trend/market analysis, Business enterprises

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