Recent content by David Williams

A premium audit is used to check the actual operations and payroll of a business to verify that the insurance premiums were correctly calculated on the basis of actual exposure to risk.

Spread sheets can be considered supporting documents, though in most cases official government audit reports are to have standardized forms, summaries and documentation to follow.

It makes use of money that is borrowed up to a specific limit and later paid back in future with consideration of any interest involved where debit ensures that the money directly deducted in your bank account at the moment you are purchasing something.

The initiative that is done to reduce the occurrences of fraud is the National Fraud Initiative which is the initiative that tries to synchronize the information among the various state organs in the effort of detecting frauds that can be used to recover to avoid future misappropriation.