Purchasing materials for manufacturing or goods for inventory is one of the most important functions for a business. A periodic internal audit of the procurement process examines receipts, business ...

Employee theft and fraud cost restaurants from 4 to 5 percent of annual sales revenues each year, according to the National Restaurant Association. Despite this, characteristics such as business size, ...

Mumbai: Audit firm Deloitte has flagged lapses in Dailyhunt parent VerSe Innovation Pvt. Ltd’s operations, saying the company did not have appropriate internal controls over the evaluation and ...