Your business may be subject to either an external audit, for example at the behest of a mutual agreement with your business partner, or an IRS audit, randomly selected by the IRS itself. In either ...

An external audit focuses on a company's performance and compliance, specifically in the areas of accounting and finance. Accounting records are commonly examined in an external audit to make sure no ...

The Securities and Exchange Commission (SEC) requires public companies to issue financial statements. Before these statements become available to investors and the public, they need to undergo an ...

Although external and forensic auditors often hold similar qualifications — typically as certified public accountants — and share a common understanding of foundational concepts like sampling, ...