Asset auditing is a physical verification process. It is akin to comparing an organisation’s “official list” of assets as on the books with the actual assets physically located. By conducting this examination you are confirming that the assets listed on an organisation’s balance sheet are real (or exist physically). Establishing the existence and location of…
Read MoreWith the financial year ending soon,how prepared are you to face the auditors? Do you have a fixed asset register giving proper details of: Assets Grouping / Class (Land, Plant & machinery, IT assets…) Asset Locations (incl. sub-locations & internal location of assets) Asset Conditions (in use and in good condition, scrapped or written off…
Read MoreThe Health Insurance Portability and Accountability Act (HIPAA) is a very complicated compliance standard to tackle. There are strict privacy requirements surrounding the handling of patient medical and personally identifiable information, but how these requirements are met is left largely up to the individual healthcare organizations. Add HIPAA’s requirements for portability and accessibility to the…
Read MoreHow the shift to cloud-based faxing is ensuring fax will stay around – for years to come Have you sent a fax lately? A lot of us may answer no, or perhaps recommend just sending whatever document you have by email or from a multi-function printer as an email attachment. The blogosphere and pundits alike…
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