Most enterprises that don’t use artificial intelligence only audit up to 10 percent of their spending, while companies that do use AI are able to audit virtually all their invoices, contracts and ...
The percentage of expense reports that companies audit still varies greatly based on personal preference, as increased corporate adoption of automated systems enables companies to incorporate their ...
A forensic audit of Visit Durango, a destination management and sustainable tourism nonprofit, revealed overpaid tips; alcohol purchases; and unsigned, uncollected, incomplete and late tax and vendor ...
For decades, employee expense reporting has followed a familiar path: employees submit reports, managers approve them and the accounting department performs a final review. This workflow made sense ...
Not surprisingly, many cities and special districts no longer have monies available in their budgets to spend on things such as legal fees to analyze and correct plan administration problems and ...
Keeping accurate accounting records is an important part of running a successful small business. In addition to protecting your business in case of an audit, organized records help provide a picture ...
State Auditor Beth Wood released an audit report Tuesday about improper financial dealings by Shelton Jefferies, a former superintendent of Nash County Public Schools. “The results of our ...
Hundreds of thousands of dollars in undocumented spending are the findings of a scathing legislative audit of Citizens Insurance Company. Citizens is the insurer of last resort for thousands of ...
LOS ANGELES & PORTLAND, Maine--(BUSINESS WIRE)--Emburse, a global leader in expense management and accounts payable automation, announces the launch of Emburse Audit. Emburse Audit provides ...
A report by State Auditor Beth Wood and her team took City Manager Rochelle Small-Toney to task for spending taxpayer funds on unallowable travel expenses, including in an extravagant manner in ...
A newly released audit shows multiple withdrawals from the nonprofit’s reserve accounts meant for housing projects.