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

Discover how an attorney's letter helps verify litigation details in audits, ensuring financial transparency and compliance ...

An AICPA committee leader testified last week at the public hearing by the Department of Labor’s ERISA Advisory Council, “Beyond Plan Audit Compliance: Improving the Financial Statement Audit Process.

The Covid-19 pandemic has forced companies to make significant changes to their internal audit processes and how they prepare for external auditors to review their financial statements. A recent ...

The debate about responsible financial reporting has not been sidelined by the COVID-19 pandemic. In fact, the future of audit—and how it should adapt to changing stakeholder demands—has only grown in ...

Financial risks focus on managing the risks of potential loss of physical assets and financial resources. Business risks include contracts, cash and investments, revenue, and inventory. Operational ...

Sean Manning is CEO and Founder of Payroll Vault Franchising LLC, as well as a CPA and Thought Leader in the Financial Field. As a business owner, conducting year-end financial audits is more than a ...

Financial statement audits are a routine part of closing your financial books. Audits help to ensure the accuracy of the accounting data used to compile the statements as well as the overall ...

The Office of Management and Budget is calling for a major overhaul in how federal agencies conduct financial audits. In its June 23, 2025, memorandum (M-25-30: "Ensuring Accountability: How We ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The prospect of conducting an audit — whether self ...

At a hearing Dec. 8, the state government's Joint Legislative Auditing Committee voted unanimously to launch an operational ...