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 past year’s economic volatility forced business leaders to shift strategies and reduce spending while simultaneously seeking new paths to profitability. In particular, according to a Gartner ...

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 ...

Atlanta Public Schools is open to fraud and abuse because of a lack of controls in its purchasing process, an internal review found. The audit, completed last week by the APS Office of Internal ...

DANBURY — A recently released audit of Western Connecticut State University has identified a total of 16 areas where internal control deficiencies, “noncompliance with laws, regulations, and policies, ...

Massachusetts State Auditor Diana DiZoglio has issued a new report on contracting and procurement related to the commonwealth’s emergency shelter system. The audit finds that the Executive Office of ...