Most companies, big and small, are subject to an audit at some point. Auditors can focus on one or more areas, such as your financial statements, compliance, tax information or business operations.

The PCAOB has moved two standard-setting projects to the front burner. A project on firm and engagement performance metrics and one on substantive analytical procedures have been moved to the board’s ...

STATEMENT ON AUDITING STANDARDS (SAS) no. 96, Audit Documentation, marks the first big change in the requirements auditors must observe when documenting their audit work. It provides general guidance ...

The Public Company Accounting Oversight Board adopted a number of amendments and proposed updates to strengthen some of its rules and standards — including some that haven't been looked at in nearly ...

As part of a financial audit, the auditor must assess the inherent risk associated with the revenue cycle and perform tests to determine it is relatively free of ...