An audit is the highest level of assurance a CPA firm can provide that the financial statements follow the generally accepted accounting principles (GAAP), or some other reasonable basis of accounting ...

Investors, business owners, management and company employees rely on valid accounting methods for the stability of investments and an accurate assessment of the overall company health. All companies, ...

IMGCAP(1)]While putting the final touches on audit work papers and reports may feel like a huge relief, an auditor’s work isn’t finished. As the end of any busy audit period approaches, it’s time to ...

Auditors of brokers and dealers have a lot to consider as they plan their audit and attestation engagements. Risk assessment procedures, auditor communication requirements, and revenue recognition are ...

One of internal audit's values is to tell management when the controls to manage risks and assure opportunities aren't working. Internal audit should have a plan for the work it will do, and by now we ...

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