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 ...
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 Committee of Sponsoring Organizations of the Treadway Commission released a new paper Wednesday on uniting COSO’s enterprise risk management framework with “agile” practices in internal auditing ...
The latest global benchmarking data from the American Productivity & Quality Center illustrates how common these issues are.
The window for “wait and see” is closing. Companies must have a clear AI adoption road map for finance and audit in 2026.
LOS ANGELES--(BUSINESS WIRE)--AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, today announced the results of a new research report, 2025 Focus on ...
Many auditors have begun to turn their sights to their next group of audits: clients with 2020 fiscal year ends. The World Health Organization declared a public health emergency on Jan. 30, 2020, ...
"United we stand, divided we fall" doesn't always work for auditing. Sometimes, it makes sense for an accounting firm to divide the load, such as when a multinational client has subsidiaries in other ...
A data storage strategy that addresses data sovereignty builds on the classification of data in the data audit to limit what data can go where. As part of the classification process, data will be ...