Emerging technologies, like artificial intelligence (AI) and advanced data analytics, can improve audit quality in significant ways. As the regulatory overseer of public-company audits, the Public ...

An accounting audit performs a necessary function of assuring that a company not only is being truthful in its financial reporting but also that the company's operations are working as intended.

Auditing and accounting are two different financial processes that each serve particular purposes for small businesses. In financial terms, accounting encompasses the day-to-day management of ...

The American Institute of CPAs’ Auditing Standards Board is proposing a new standard aimed at fostering more professional skepticism among auditors. The proposed Statement on Auditing Standards, ...

Emerging technologies, like artificial intelligence (AI) and advanced data analytics, can improve audit quality in ...

A proposal issued by the AICPA Auditing Standards Board (ASB) is intended to provide auditors with enhanced guidance on auditing accounting estimates. The proposal is intended to address the ...