The audit process is a meticulous and structured examination of an ... as well as to evaluate the organization's compliance with laws, regulations, and industry standards. Audits provide valuable ...

CA. Shreyas Dharkar How Standards on Auditing, Guidance Notes, and Code of Ethics Collaboratively Reduce Punishments Imposed ...

In a statement, the AICPA said it believes that healthy oversight of accounting firms performing audits of public ... five-step revenue recognition process outlined in FASB ASC Topic 606, as well as ...

Audit has always been a profession steeped in precision and consistency, but when it comes to how we manage knowledge, the tools haven't always kept up.

The International Auditing and Assurance Standards Board is proposing to tailor its standards to align with recent additions ...

The International Standards for the Professional Practice of Internal Auditing from the Institute of Internal Auditors (IIA), recognizes a variety of audit techniques ... include internal controls and ...

Changes have been proposed by the House Financial Services Committee related to PCAOB inspection and enforcement activities ...

New guidance for nonprofits receiving federal grants is largely good news, but careful attention to reporting requirements are necessary ...

The UK’s Financial Reporting Council (FRC) is investigating accounting firm EY for its auditing of the Post Office during the ...

EY has been fined nearly £5 million for breaching auditing standards when ... and have strengthened our procedures, training and guidance, as well as our global audit methodology, to address ...

The audit report found that UNO's internal audit function did not adhere to the Institute of Internal Auditors' International ...

The Board of Visitors approves the annual plan. Internal Audit communicates with our clients throughout the audit process. Internal Audit engages clients throughout the planning and testing phases of ...