The article explains why physical verification is more than a compliance exercise, emphasizing the auditor's responsibility to evaluate management's verification process and ensure discrepancies are ...

Asset tagging helps simplify physical verification, strengthens internal controls, improves Fixed Asset Register accuracy, and enhances audit evidence before year-end ...

Federal audit reports for the year 2025-26, covering government accounts for FY2024-25, have exposed financial irregularities ...

Internal audit officers, on Thursday, forced open three locked storerooms at the Udapalatha Divisional Secretariat, in Gampola, and discovered large quantities of expired food items and other relief ...

Assets refer to resources that can be converted into cash. Learn how assets work, the various types of assets, how to ...

Federal audit reports have identified Rs3.177 trillion in supplementary spending that remained unapproved by parliament during FY2024-25. The findings also flagged weak controls, excess expenditure ...

Upgrade to TT Surveillance includes a new Market Replay tool and an enhanced enterprise-level case management system UI.

Stop pricing trusts like products—estate planning is a strategic design process where goals, complexity, and protection drive ...

This smallcap company just bought a debt-free, Aramco-approved Saudi pipe maker at 1.5x EBITDA. The asset is not the catch.

As the United States celebrates its semiquincentennial, explore the history of the accountancy profession’s essential role in ...

Novig has selected Eventus' Validus platform as the trade surveillance solution for its newly approved prediction market exchange, underscoring how prediction ...

Q1 2026 saw heightened volatility as fundamental and technical concerns shocked private credit funds, amid a backdrop of ...