Auditing and accounting are both key parts of your business's financial record-keeping process, but they're somewhat different in focus. Accounting is the much broader field, and it includes ...

The facility is aimed at helping smaller practices take up forensic audit assignments, an area where many have been unable to ...

The AICPA Auditing Standards Board (ASB) issued for public comment a proposed standard addressing the auditor’s responsibilities relating to fraud. The ASB voted in May to issue the exposure draft of ...

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.

The American Institute of CPAs approved a standards update to modernize how CPAs get audit evidence via external confirmation procedures.

Halie Creps, CPA, chair of the AICPA Auditing Standards Board, joined the JofA podcast to discuss the ASB’s refreshed 2026–2030 strategic plan and its focus on responsiveness, collaboration, and ...

Seemingly unknown in the world of auditing, the age of AI is dawning. AI-driven financial ecosystems demand new levels of scrutiny and expertise, something that cannot be done with outdated manual ...

Following the collapses of Patisserie Valerie, Carillion and BHS, the auditors were heavily criticised in the media for signing off on the financial accounts published by each of these companies ahead ...

Digital transformation and the proliferation of e-commerce have fundamentally altered the way financial data is recorded, processed, and transmitted. As a cornerstone of financial integrity, the ...