Discover the audit cycle process, from identification to management review, and learn how it ensures accurate financial ...

Discover how an attorney's letter helps verify litigation details in audits, ensuring financial transparency and compliance ...

The Covid-19 pandemic has forced companies to make significant changes to their internal audit processes and how they prepare for external auditors to review their financial statements. A recent ...

An AICPA committee leader testified last week at the public hearing by the Department of Labor’s ERISA Advisory Council, “Beyond Plan Audit Compliance: Improving the Financial Statement Audit Process.

Sean Manning is CEO and Founder of Payroll Vault Franchising LLC, as well as a CPA and Thought Leader in the Financial Field. As a business owner, conducting year-end financial audits is more than a ...

Financial risks focus on managing the risks of potential loss of physical assets and financial resources. Business risks include contracts, cash and investments, revenue, and inventory. Operational ...

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 ...

In its June 23, 2025, memorandum (M-25-30: "Ensuring Accountability: How We Oversee, Audit, and Improve "), OMB director Russell Vought introduces a "strategic reset" to shift audits from procedural ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The prospect of conducting an audit — whether self ...

A state audit noted errors in city of Vancouver’s 2024 financial statements. “Our audit identified deficiencies in the city’s internal controls that hindered its ability to produce accurate financial ...

The Securities & Exchange Commission, investors and your business partners will regularly seek an audit of your records to determine if they are an accurate measure of your holdings and financial ...