Most enterprises that don’t use artificial intelligence only audit up to 10 percent of their spending, while companies that do use AI are able to audit virtually all their invoices, contracts and ...
Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. Managing expenses is a crucial aspect of maintaining ...
The percentage of expense reports that companies audit still varies greatly based on personal preference, as increased corporate adoption of automated systems enables companies to incorporate their ...
An internal audit is the primary control tool used to ensure that a company's accounting staff is following the proper accounting procedures. The process permits you to review a representative sample ...
Not surprisingly, many cities and special districts no longer have monies available in their budgets to spend on things such as legal fees to analyze and correct plan administration problems and ...
A forensic audit of Visit Durango, a destination management and sustainable tourism nonprofit, revealed overpaid tips; alcohol purchases; and unsigned, uncollected, incomplete and late tax and vendor ...
LOS ANGELES & PORTLAND, Maine--(BUSINESS WIRE)--Emburse, a global leader in expense management and accounts payable automation, announces the launch of Emburse Audit. Emburse Audit provides ...
The auditing procedures for accounts payable for a nonprofit are similar to those for a for-profit enterprise. Auditors check to make sure that a nonprofit's accounts payable meets generally accepted ...