The International Auditing and Assurance Standards Board has released a revised International Standard on Auditing that encourages auditors to thoroughly read through a company’s annual report when ...

Some important themes are emerging in auditors’ reporting of critical audit matters, which are the key component of the biggest change to public company auditor reporting in 70 years. Goodwill and ...

An audit report is a document created by a professional auditor at the conclusion of the auditing process. It provides a detailed summery of each of her findings. Audits are conducted for a variety of ...

A forensic audit commissioned by President John Dramani Mahama into Ghana’s hosting of the 2023 African Games has uncovered widespread financial irregularities, inflated contracts, unsupported ...

The objective of the reporting phase of a financial audit is to present an informed opinion about a business's financial statements, including whether they conform to generally accepted accounting ...

A court-commissioned task force formed in the aftermath of a massive fraud by an online charter school network issued recommendations Wednesday to thwart the recurrence of similar operations. State ...

The Securities and Exchange Commission aims to increase IPOs with changes to accelerated and non-accelerated filers and ...

A Washington state audit found misappropriation and questionable spending in the Town of Springdale after a years long review of payroll, vendor payments, debit card use and ...

Three-quarters of Australian companies are using or piloting Artificial Intelligence (AI) in financial reporting – and in three years time the number will be 100%, according to a KPMG International ...

The debate about responsible financial reporting has not been sidelined by the COVID-19 pandemic. In fact, the future of audit—and how it should adapt to changing stakeholder demands—has only grown in ...