Auditing is a highly sensitive task and one that has high standards. Not only is the information handled during an audit sensitive, but an auditor has the responsibility to be honest and accurate in ...

Proposed changes to guidance followed by internal auditors include a new mission statement and a set of 12 core principles that highlight what effective internal auditing looks like in practice. The ...

Discover how negative assurance works in auditing, confirming accuracy without contrary evidence, and why it's vital when ...

Forbes contributors publish independent expert analyses and insights. Dr. Lance B. Eliot is a world-renowned AI scientist and consultant. Are you familiar with this classic nursery rhyme: Old Mother ...

Getting your Trinity Audio player ready... I spent more than an hour with PricewaterhouseCoopers chairman Dennis Nally on Thursday, and I’m still trying to understand what he said. This may be ...

Over the past few years, much attention has been paid to the issue of global harmonization of generally accepted accounting principles while, at the same time, a much quieter revolution has been ...

While audits are not designed to root out every instance of fraud, auditors have a responsibility to detect material misstatements in the company's financial ...

Hans von Spakovsky was an authority on a wide range of issues for Heritage—including civil rights, civil justice, the First Amendment, immigration. Conducting comprehensive election audits should be a ...

The Auditing and Attestation (AUD) section of the CPA exam often emerges as a mixed bag of perceptions — some candidates find it deceptively easy, while others deem it particularly challenging.