From there, the auditor formally assesses the risk of material misstatement for all relevant assertions and then designs and performs further audit procedures based on the risks assessed. This process ...

This course is designed to improve capacity of revenue administrations in the audit function, with a risk-based approach. In recent years, revenue administrations in most countries are seeking to ...

Based on their assessment, an auditor regards each audit area as either low, medium, or high in inherent risk (some use only high and low, normal and high, or other combinations). Inherent risk is ...

On May 21, 2025, the Centers for Medicare and Medicaid Services (“CMS”) announced a significant expansion of its auditing ...

Identify opportunities to improve the risk-based due diligence program by having the compliance or internal audit team: Periodically review the program to determine if it is still effective given ...

On May 21, 2025, the Centers for Medicare and Medicaid Services (“CMS”) announced plans to substantially increase both the pace and the scale of ...

As the UAE emerges as a global hub for digital assets, Swift Audit & Advisory is playing a pivotal role in supporting crypto ...

To identify areas of potential risk, each year the Office of Internal Audit ... The audit's purpose and objective will be discussed as well as the audit program. The audit program may be adjusted ...