A forensic audit is an examination of a firm's or individual's finances to derive evidence that can be used in a court of law or legal proceeding.

When you hear the term audit, you may immediately think of a team of IRS officers rummaging through your files looking for discrepancies and errors in your business's tax returns. However, financial ...

The purpose of an operational audit is to improve the efficiency of day-to-day operations, reports Accounting Tools. These activities contribute indirectly to the functioning of the business.

The American Institute of CPAs has revised two publications used by auditors of governmental and not-for-profit entities that spend federal awards and those who audit state and local government ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...