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 ...

An audit found that the Housing Authority of the City of Shreveport failed to comply with state law requiring timely ...

An auditor's opinion on the financial statements is expressed in the form of an auditor's report. In the best case, the auditor finds that the financial statements are in accordance with generally ...

The main objective of an audit is to give a true and fair view of a company's state of affairs at a given date. Preparation of the audit report is the last step of an audit cycle. The report renders ...

Thomson Reuters has released a special report examining the Public Company Accounting Oversight Board’s new standards affecting broker-dealer audits. Processing Content The report, Cause and Effect of ...

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 ...

Mayor Mobolade said in a statement that he never meant for a “perception or expectation” that city staff watch his children ...

Companies choosing to stick with the old COSO internal control framework this year might find a mention of that fact by auditors in the audit report. Deloitte & Touche recently issued an alert on its ...

Gov. Kim Reynolds slammed Sand's report, calling it "politics, not oversight." ...

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 ...