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 ...

SARATOGA SPRINGS, N.Y. (NEWS10) — New York State Comptroller Thomas DiNapoli has released an audit on the New York Racing Association’s (NYRA) purchasing and procurement practices. The audit found ...

Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

A special audit report has been released on the coal purchasing process carried out by the Lanka Coal Company for the Lakvijaya Power Plant, as well as on coal procurement for the 2025/2026 season ...

Sri Lanka’s National Audit Department has found that failures in procurement governance, supplier selection, and quality ...

The Auditor General has warned that delays in coal procurement and continued reliance on suppliers of questionable standards could disrupt the supply of electricity. The special audit report on coal ...