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How Continuous Auditing Drives Corporate Spend Optimization

PYMNTS

Usually, the auditing workflow involves looking at expense reports filed by employees, with a focus on identifying potentially erroneous or even fraudulent transactions. It’s now more likely that two employees working from home will accidentally pay the same invoice twice, for example. The Value Of Automated Analytics.

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How to create & use pro forma statements

Cube Software

Pro forma financial statements and GAAP It's important to note that, since pro forma statements are based on hypothetical or projected data, they are not compliant with generally accepted accounting principles—GAAP statements must be based on actual financial results. A pro forma invoice is not a type of pro forma financial statement.

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