In a phone forum, representatives from the Internal Revenue Service (IRS) discussed how plan sponsors can prepare for and handle an audit. The presenters of the forum, titled “IRS Audit Initiative: ...

Preparation of an audit report can be intimidating for most companies. But it doesn't have to be. When preparing for an audit report it's important to understand audit report format, spend time ...

Financial audits get a bad rap. While certainly meticulous and often stressful, an audit shouldn't invoke absolute angst or dread in corporate finance teams. With the right preparation and mindset, ...

Safety audits are a great way to ensure that an organization adheres to the highest safety standards and regulations. They provide an objective assessment of workplace safety protocols, revealing both ...

In addition to being prepared for the Phase 2 audits, privacy and information security requirements impact the entire scope of a provider’s operations and are key components of a comprehensive ...

It's the last thing most people want to see at this tax-paying time of the year: a plain brown envelope marked "Official Government Business" with the return address of the Internal Revenue Service.

Sean Manning is CEO and Founder of Payroll Vault Franchising LLC, as well as a CPA and Thought Leader in the Financial Field. As a business owner, conducting year-end financial audits is more than a ...

We are often asked how to prepare for an IRS audit. The first and most important thing to know is that speaking directly with the IRS is not in your best interest. IRS Revenue Officers (auditors) are ...

An organization that is well-prepared for such an audit will make the process less stressful and time-consuming for everyone involved. Safety audits are a great way to ensure that an organization ...