How Audit Pressure And Regulatory Scrutiny Make AI The New Standard For Governance

It automates evidence collection application-wide, learns from control history and continuously maps user behavior against ...
JournalofAccountancy

Tips for auditing with changed controls during the pandemic

The coronavirus pandemic has raised a number of questions about how to properly audit financial statements when internal controls have changed due to dramatic changes in an entity’s business volume ...
Nasdaq

Sourcing Risk Information for a Value-Added Audit

Audit continues its need to mature. Changes in professional standards, technological innovation, evolving compliance and regulatory requirements, and an increasing competitive environment are forcing ...
JD Supra

What Audit Committees Can Do to Prevent Accounting Fraud in Uncertain Times

The COVID-19 crisis creates heightened risk of improper financial reporting. Audit committees can and should take steps to help prevent such frauds. Audit Committees should maintain the appropriate ...
JournalofAccountancy

Assessing Company-Level Controls

THE ASSESSMENT OF COMPANY-LEVEL CONTROLS is a critical part of complying with section 404 of Sarbanes-Oxley. The PCAOB says public companies must assess the design and operating effectiveness of these ...
Sacramento State University

What is Internal Auditing?

Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish objectives by ...