Editor’s note: The author is technical director of the AICPA Center for Plain English Accounting. Addressing audit risk in financial statements with high levels of substantive procedures toward the ...

The widespread use of information technology (IT) can introduce various risks that affect financial reporting and the audit process. To assist auditors in identifying and addressing these risks, the ...

Industry expert Ann Cohen says audit committees are increasingly using AI and advanced technology to run risk analytics ...

BELLEVUE, Wash., June 10 /PRNewswire/ -- Pacific Software Publishing, Inc. (PSP, Inc.), a Web hosting and Internet solutions company today announced its successful completion of a Statement on ...

Here’s a quick breakdown of formal and informal audits: Audit (formal) – the annual ritual of providing objective evidence that a quality system is established, followed and effective. A good quality ...

Cybersecurity ranks among the top priorities for audit committees, enterprise risk management, and finance and internal audit talent, outside of financial reporting and internal controls, according to ...

The American Institute of CPAs has released a guide to help auditors deal with a new standard on assessing the risks of a material misstatement. The new audit guide, Risk Assessment in a Financial ...

The audit industry has been under the microscope over the past few years following a number of high-profile corporate ...

Parkview Health revamps internal audit by aligning enterprise risk management to provide leaders a unified view of organizational risk and ...