The Canadian Public Accountability Board published individual auditing firm inspection reports for the first time, marking a significant milestone.

The International Auditing and Assurance Standards Board has released a revised International Standard on Auditing that encourages auditors to thoroughly read through a company’s annual report when ...

A U.S. Department of Labor (DOL) report released earlier this month showed a need for improvement in audits of employee benefit plan financial statements. The report is the result of a study that ...

The global financial crisis of 2007–2009 prompted calls for greater transparency in auditing processes, and since 2013, the auditors of UK-listed companies have been required to highlight key audit ...

A variety of state agencies failed to accurately report their financial obligations or revenue earned during the prior fiscal ...

Some important themes are emerging in auditors’ reporting of critical audit matters, which are the key component of the biggest change to public company auditor reporting in 70 years. Goodwill and ...

Whether your audit process is driven by DISA STIGS, RMF, NIST FISMA, GDPR, PCI DSS, HIPAA, or SOX, detailed reporting is a critical success factor for compliance. Knowing and reporting on data access ...

Consider our customers in management first. What do they need to know and how can we best communicate (as the IIA Standards dictate) the results of our engagements? The first opportunity comes during ...

A federal appeals court has changed its mind and decided that accounting firms’ audit reports really do matter to investors after all. In a case brought by investors against the accounting firm BDO, ...