Industry expert Ann Cohen says audit committees are increasingly using AI and advanced technology to run risk analytics ...
SEATTLE, Wash., Jan. 15, 2026 (SEND2PRESS NEWSWIRE) — (3Si) today highlighted its Child Universal Success Platform (CUSP)Risk ...
An auditor must make key decisions regarding what controls to trust, what controls to inspect and what weight to place on all the tests associated with auditing the financial practices of a company.
However, IA should be conducted by a chartered accountant or a cost accountant although the internal auditor need not be a firm of chartered accountants or cost accountants. While section 138 does not ...
Generally accepted auditing standards (GAAS) require the auditor to identify and assess risks of material misstatement (AU-C §315, Understanding the Entity and Its Environment and Assessing the Risks ...
Data breaches – always critically important to those with responsibility for storing, transporting and protecting electronic information – have become an all-consuming topic of late. Stories about ...
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 ...
The Public Company Accounting Oversight Board has adopted a set of eight auditing standards related to the auditor s assessment of risk in an audit and response to that risk. The auditing standards ...
The American Institute of CPAs has released a guide to help auditors deal with a new standard on assessing the risks of a material misstatement. The new audit guide, Risk Assessment in a Financial ...
Arizona school districts face growing financial instability, with a report showing more at high risk of budget issues.