Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, ...

The purpose of an operational audit is to improve the efficiency of day-to-day operations, reports Accounting Tools. These activities contribute indirectly to the functioning of the business.

New web-based tools allow centralized operations centers to monitor and control remote activity, and these centers also provide sites for collaborative efforts for planning and data analysis. Inteq's ...