Professional auditing can turn narrative into evidence, lower the cost of capital and help protect both sides from preventable mistakes.

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

Estimates in accounting aren’t new, but they’re having a bigger impact on earnings than ever before, thanks in part to recent updates to standards for credit losses, leases, and revenue recognition, ...

IN BRIEF Public company auditing is a complex and challenging area of accounting practice. The following revisits the authors ...

I recently facilitated a future leader panel discussion where an audience member asked the panelists to share one “stupid thing” their firms are still doing that they wish they’d change. A bright, ...

The revised International Standard on Auditing (ISA) 240, The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements comes in response to greater scrutiny and concern around ...

Companies, government agencies and nonprofit organizations use auditing practices to manage compliance with internal controls. For example, an auditor looks for inconsistencies in financial records.

Fraud has always kept financial executives on the lookout, but the realities of a super-swift digital age rife with hackers and cyber theft have raised the stakes like never before. According to ...

Auditing in the Department of Methodology allows someone to attend lectures and seminars of certain courses if space allows but without submitting assessed coursework or sitting a final exam. The ...

When models attempt to get their way or become overly accommodating to the user, it can mean trouble for enterprises. That is why it’s essential that, in addition to performance evaluations, ...