An audit is an inspection of a company's accounting records, usually done by an independent certified public accountant. Audits are performed in an effort to determine whether a business is ...

All publicly traded companies must annually disclose their financial performance to the public: GAAP audits ensure that these disclosures are valid. Every year, independent accountants review a ...

While there is some correlation between critical audit matters and critical accounting estimates included in management’s discussion and analysis, it is certainly not a one-to-one relationship, SEC ...

IN BRIEF Public company auditing is a complex and challenging area of accounting practice. The following revisits the authors ...

The International Ethics Standards Board for Accountants released a final set of revisions Tuesday to its standards for conducting group audits, strengthening and clarifying the independence ...

Please note: This item is from our archives and was published in 2021. It is provided for historical reference. The content may be out of date and links may no longer function. Accounting for and ...

George Botic has a clear message for the auditing profession: Get back to basics while preparing for unprecedented change. Processing Content In an exclusive interview following his October speech at ...

The UK’s Financial Reporting Council (FRC), the regulatory watchdog for the accounting industry, has set a deadline of June 2024 for the Big Four accounting firms to separate audit practices from the ...