A conversation with the ASB. ver the past several years the Sarbanes-Oxley Act and other events have dramatically affected the setting of auditing standards and the focus of the audit process. While ...

Countries and jurisdictions throughout the world mandate that entity financial statements be prepared using International Financial Reporting Standards, and that audits be conducted in accordance with ...

Peer reviews that monitor compliance with professional standards provide insights into what to look out for in not-for-profit audits to avoid deficiencies. These insights are particularly valuable ...

As the American Institute of CPAs' director of auditing and attestation, Chuck Landes has guided the Auditing Standards Board through the upheavals of the Sarbanes-Oxley Act, and in late October, he ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The Public Company Accounting Oversight Board (PCAOB) is an ...

The ISO, known as the International Organization for Standardization in the United States, is the world's largest non-governmental organization that develops and publishes international standards for ...

The audit process is a meticulous and structured examination of an organization's operations, controls, and processes. This systematic review is conducted to assess the accuracy, reliability, and ...

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 ...

The international standard requires the group auditor to assess the competence of the component auditor before accepting an assignment where certain components are to be audited by another auditor.

Effective January 1, 2010, the National Association of Insurance Commissioners (NAIC) adopted the Annual Financial Reporting Model Regulations (Model Audit Rule), which among other requirements, ...

Why is Auditing so Important? The food industry has seen unprecedented technological advancements, significantly enhancing operational efficiency and reducing costs. More importantly, these ...

Western Illinois University supports an Internal Auditing Department as an administrative staff function and as an independent appraisal function to examine and evaluate University business or ...