How does industry complexity affect the scope of outsourced AP audits
Industry complexity significantly affects the scope of outsourced accounts payable (AP) audits. In highly regulated or complex industries—such as finance, healthcare, or manufacturing—outsourced audit providers must address intricate compliance standards, evolving regulations, and heightened stakeholder expectations. This leads to more comprehensive audits, including detailed assessments of internal controls, risk management, and adherence to industry-specific requirements.