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 ...
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 ...
For decades, employee expense reporting has followed a familiar path: employees submit reports, managers approve them and the accounting department performs a final review. This workflow made sense ...
While sifting through the Pennsylvania Turnpike Commission’s records during a routine audit, out-going Auditor General Jack Wagner found that since 2007, the six-person Commission panel has incurred ...
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 ...
Financial statement audits are a routine part of closing your financial books. Audits help to ensure the accuracy of the accounting data used to compile the statements as well as the overall ...
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 ...
STAMFORD -- A lengthy audit report has disclosed that Stamford's housing authority did not properly administer its programs in accordance to U.S. Department of Housing and Urban Development ...
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