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Internal audit uncovers alleged fraud at Tata UK

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Internal audit uncovers alleged fraud at Tata UK

13th April 2016 auditwareadmin INDUSTRY

Staff at the Yorkshire steel company Tata face allegations of creating false documents, detailing the makeup of the products sold. Auditors found material suggesting inappropriate testing and certification had taken place and nine employees had been suspended. Read the full article here.

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Blockchain Technology Could Put Bank Auditors Out of Work

1st April 2016 auditwareadmin INDUSTRY

As robots are foreseen to overtake many service focused job roles, one unexpected area that they are foreseen to excel in is bank auditing. Due to the level of mistrust in banks, cutting out 3rd parties by using blockchains can increase security. Costs can be reduced, by replacing labour with computer code. Read the full…

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