WASHINGTON – The U.S. Army today released its Fiscal Year 2023 Annual Financial Report, which includes results from the annual financial statement audit for its general fund and working capital fund.

Every business keeps records of its operations and transactions, and accountants take this information to produce four basic financial statements: a profit and loss statement, balance sheet, statement ...

WisDOT made the error when the department follwed a previous audit bureau recommendation, but overlooked other details in the ...

Discover the audit cycle process, from identification to management review, and learn how it ensures accurate financial ...

Financial statements provide managers, shareholders and potential investors with the information they need to determine the financial health of an organization. The preparation of financial statements ...

When you apply for business funding, lenders and investors want to ensure they won’t lose money on your venture. That’s why bringing detailed financial statements to your pitch meeting is crucial.

The Auditors’ report for the year ended December 2024 on the Consolidated Financial statements of Tesla is about three pages in length. The Auditors’ report for the year ended March 2025 on the ...

IN CERTAIN INSTANCES CPAs SHOULD CONSIDER preparing and reporting on financial statements using an “other comprehensive basis of accounting” (OCBOA). Tax-basis and cash-basis, including ...

A state audit noted errors in city of Vancouver’s 2024 financial statements. “Our audit identified deficiencies in the city’s internal controls that hindered its ability to produce accurate financial ...

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 ...

A new audit of the North Carolina Education Lottery found that lottery sales have increased, but the State Auditor is raising ...