The processes you use to order merchandise for your company are vital to control risks, prevent fraud, ensure maximum savings and maintain regulatory requirements. You should develop a checklist to ...

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 ...

The Texas State Auditor found that Texas Southern University overrode safeguards in its financial processes and provided ...

LONDON--(BUSINESS WIRE)--The Internal Audit market will register an incremental spend of about $ 13 billion, growing at a CAGR of 6.06% during the five-year forecast period. A targeted strategic ...

Corpus Christi officials are working to further update the city's purchasing card policies after an investigation into staff members' use of city funds for meals found “significant gaps” in the ...

IRMO, S.C. — Lexington-Richland School District Five has finished the procurement audit the district has been working on for the last year. In a special called meeting on Thursday, the school board ...

A recent audit by the Oregon Secretary of State’s office shows that adoption of a statewide e-procurement system could have potentially saved more than a billion dollars if it had been in use during ...

A legislative audit found the Maryland Department of Health violated state procurement regulations in emergency pandemic contracts with two firms.| PDF: Read the auditThe audit was presented Tuesday ...

Maryland’s Office of State Procurement failed to properly oversee contracts, enforce procurement rules and collect millions in required fees over several years.

PANAMA — State officials say Panama Central School needs to tighten its procurement policies. An audit from the state Comptroller’s Office found school officials did not always comply with the ...