Editor’s note: The author is technical director of the AICPA Center for Plain English Accounting. Addressing audit risk in financial statements with high levels of substantive procedures toward the ...

It automates evidence collection application-wide, learns from control history and continuously maps user behavior against ...

Caseware is also working with the AICPA and CPA.com on the Dynamic Audit Solution (DAS), a cloud-based audit platform that integrates real-time data ingestion, analytics-driven risk assessment, ...

A forensic audit is an examination of a firm's or individual's finances to derive evidence that can be used in a court of law or legal proceeding.

Small business owners sometimes rely on performance audits to ascertain the effectiveness of their companies. To identify unprofitable practices, the performance audit might analyze the company as a ...

The IRS audits very few returns, but mismatched income, overstated deductions, and easy-to-spot errors can still trigger IRS notices, reviews, and costly follow-ups.

Small businesses sometimes undergo corporation audits to ensure that their financial practices are meeting acceptable standards. A business may conduct these audits internally to evaluate its own ...

You finally finished your tax return and just when it's finally off your mind, you get a letter from the Internal Revenue Service letting you know you're being audited. Not all audits result in you ...