An email sent to clients last week by Elliott Group CPAs in Charlotte, N.C., committed the firm to a new level of remote work on audits as a result of the coronavirus pandemic. The firm, which ...

No one was prepared to have all their auditors and clients working from home. When the pandemic first hit this spring, we all had to improvise and do the best we could with the hand we’d been dealt.

Today, the term “remote audit” denotes a certain way of performing an engagement within the overall category of financial audits. However, as time goes on, there will be less need for the “remote” ...

Since the onset of the COVID-19 pandemic, most aspects of our lives have transitioned to virtual spaces. Pharmaceutical companies quickly adapted to virtual options to ensure critical processes were ...

Companies, government agencies and nonprofit organizations use auditing practices to manage compliance with internal controls. For example, an auditor looks for inconsistencies in financial records.

There is a lack of trust in remote audits from some in the food industry, according to an expert who looked into the subject for the Global Food Safety Initiative (GFSI). Solely remote audits are not ...