Vertical analysis is a way to analyze financial statements. It shows each item as a percentage of a base figure. It is easy to understand. In this type of analysis, all income statement items are shown as a percentage of Sales.
A human resource audit is a comprehensive review and evaluation of an organization's HR policies, practices, and procedures. It helps identify strengths, weaknesses, and areas for improvement in the HR function.
Tax audit refers to the examination and verification of a taxpayer's financial records, transactions, and other relevant information to ensure that they hav
This article delves into the significance of auditors' role in the financial ecosystem, emphasizing the delicate balance between conducting thorough audits and staying vigilant against potentially fraudulent activities.
This article explores the concept of risk-based internal audit, its benefits, and its role in enhancing organizational resilience.
An enterprise risk management framework refers to a structured set of guidelines that organizations use to manage risk reporting procedures.
The emergence of Financial Technology providers (fintechs) has revolutionized the way in which financial services are delivered. Fintech firms have leveraged te..
Just like GoMechanic, Mojocare’s founders also recently admitted that they were misreporting revenue and fudging numbers, under the pressure to inflate GMV after raising $20 Mn in August 2022.
This article highlights the importance of internal audit specifically tailored for SMEs and how it can contribute to their overall success.
The term "Shared Services" refers to a particular function / service which is generally used by various operating units in an organization. For exampl..