NFRAs inspection found gaps in audit documentation, revenue testing, and risk assessment practices, stressing the need for ...

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 ...

NFRA inspection reports on four major audit firms highlight the need for stronger internal controls, improved documentation ...

The inspection report highlights deficiencies in audit documentation, independence monitoring and compliance with auditing standards. It stresses the need for stronger quality control systems and ...

Tracy Harding, CPA, was on his way to work and looking forward to completing an audit he was working on. But on the way in, he heard a news report that changed the objective of his day. A local ...

Security terms are sometimes confusing. And like all expressions, sometimes the definition can get subtly changed over time. An example of this is “security assessment” versus “penetration test”. I ...

The city of Austin released an audit report reviewing its management of consultant contracts.

Tax appeal firms representing Nassau County homeowners earned more than $500 million in fees after winning assessment reductions for clients during the eight years county tax rolls were frozen, ...

The Ghana Audit Service has flagged irregular salary payments within the Ghana Cocoa Board (COCOBOD), revealing that two ...