Check out Taxmann's Audit of Financial Statements which is a comprehensive guide that assists auditors conducting financial statement audits, covering every step from auditor appointment to audit ...

The Public Company Accounting Oversight Board staff released a report Monday on how during 2022 and 2023, several firms' engagement teams working on audits in the banking sector did not adequately ...

Editor’s note: The author is technical director of the AICPA Center for Plain English Accounting. Addressing audit risk in financial statements with high levels of substantive procedures toward the ...

Risk assessment is fundamental to audit quality. The AICPA Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and ...

The NFRA has released its second Audit Practice Toolkit to assist small and medium practitioners in assessing risks of material misstatement in revenue.

The American Institute of CPAs has released a guide to help auditors deal with a new standard on assessing the risks of a material misstatement. The new audit guide, Risk Assessment in a Financial ...

LONDON, March 28 (Reuters) - UBS (UBSG.S), opens new tab said it is still reviewing potential misstatements in Credit Suisse's financial reports and talks with regulators to address the issue are ...

NFRA releases second audit practice toolkit to support small & medium practitioners. Focuses on risk assessment for revenue ...