Internal Audit identifies all auditable activities and relevant risk factors, and assesses their significance through an annual risk assessment, utilizing the Committee of Sponsoring Organization's ...
In an effort to make the audit process more efficient and effective, the AICPA Assurance Services Executive Committee (ASEC) has developed voluntary audit data standards that would standardize the ...
Where necessary, include development of billing or claim edits to allow for correction prior to claim submission. A version of this article was first published September 21, 2020, by HCPro's Revenue ...
Cost audits ascertain whether all of the processes of a business are managed effectively, and if there are areas within a company's business structure that are wasting resources. Cost auditing ...
Organizations conduct waste audits to minimize the organization's waste impact on the environment. Organizations conduct waste audits voluntarily and as mandated by local, state and federal laws.