The International Auditing and Assurance Standards Board has revised the international standards requiring management to provide auditors with a clear written statement that auditors have received all ...

The AICPA Auditing Standards Board (ASB) issued a new standard Tuesday to establish requirements and provide guidance that apply only when an auditor is engaged to perform an audit of internal control ...

Recent changes to international standards for audit reports have improved the quality of information that’s available to investors, and had a positive impact on wider elements of financial reporting, ...

Ann Arbor-based Online Tech is moving beyond the SAS-70 data center audit and is now operating under the industry's newest standards – SSAE 16, SOC 2 and SOC 3. These new reporting standards for data ...

The first paper in the series, titled Auditor-Audit Committee Interactions Series 1, highlights key areas where audit committees or board directors should engage with auditors, particularly regarding ...

Today, an independent Civil Rights Audit Standards Committee, along with PolicyLink—a leading national research and action institute serving as secretariat for the Standards—and CapEQ, an impact ...

A new federal regulation makes this a year of significant change for compliance audits of governments, not-for-profit organizations, institutions of higher education, and Indian tribes expending ...

An overall climate of scrutiny may feel stifling for auditors but if that leads to better audit quality, then it may be worth it. Photo: iStock New Delhi: The board of the National Financial Reporting ...

Despite a very uncertain economic climate, investors can at least feel confident that audited financial reports are more ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...