Over the past few years, much attention has been paid to the issue of global harmonization of generally accepted accounting principles while, at the same time, a much quieter revolution has been ...

I recently facilitated a future leader panel discussion where an audience member asked the panelists to share one “stupid thing” their firms are still doing that they wish they’d change. A bright, ...

Companies, government agencies and nonprofit organizations use auditing practices to manage compliance with internal controls. For example, an auditor looks for inconsistencies in financial records.

The security of any organization's data and systems can often be compromised by seemingly benign entities—third-party contractors, vendors and outsourced service partners. While these external ...

The International Auditing and Assurance Standards Board (IAASB) has decided to, for now, pursue non-authoritative guidance for applying current standards to uses of emerging technology, like AI.

Auditing your records management process ensures that your business meets legal and regulatory requirements. The process also provides a window into the effectiveness of your operations. Whether an ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

EXCLUSIVE — The Office of Management and Budget on Monday sent a memo to executive department and agency heads directing them to change the way they perform internal audits, citing findings from the ...

In two previous articles I wrote on accountability and the Public Accounts Committees (PACs) for these pages, I had discussed the critical need for rebuilding Pakistan’s system of parliamentary ...