article thumbnail

The new breed of audit

TaxConnex

And of course, save paper. The [auditor] is provided with read-only access to the company’s general ledger with exceptions related to confidentiality,” reads a 2021 white paper commissioned by Oracle, which added that most organizations will adopt a virtual audit form by 2025. Virtual audits?can

audit 245
article thumbnail

How Government Contractors Can Master the Art of Timekeeping

CPA Practice

The integration of timekeeping data with the general ledger, as stipulated by DFARS and the Standard Form 1408 Preaward Survey, ensures a seamless flow of information from time recording to financial reporting. This aspect underscores the system’s flexibility while maintaining its rigor.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Technology Lab Podcast – Technology Governance – July 2023

CPA Practice

Because someone that I’ve known for quite a few years, Mark Edmondson who is the CEO in flow, produced a white paper called The audit technology ecosystem, the audit technology ecosystem. But marks white paper. Because again, that’s where that’s where the problems are in a lot of cases.

article thumbnail

The Technology Lab Podcast – Review of Audit Technology Trends – July 2023

CPA Practice

White Paper, is it had an amazing appendix called audit architecture map. Randy Johnston 18:53 It could well Well, Brian really had mentioned the tech lab session we did on tech governance and the inflow work white paper that was you know, we covered there. And workpaper automation.