Late last month, the SEC approved the new auditing standards adopted by the PCAOB back in June, which substantially modify the content of the auditor’s report. They also raise various concerns that ...

All publicly traded companies must annually disclose their financial performance to the public: GAAP audits ensure that these disclosures are valid. Every year, independent accountants review a ...

When a company first goes into business, it chooses the yearly reporting period for tax purposes. Fiscal auditing periods may start during any month. For example, perhaps your employer has a fiscal ...

Specialized programs that perform a variety of audit functions, such as sampling databases and generating confirmation letters to customers and vendors. It can ...

Brianne Gregory will run for another term as auditor of Monroe County in the general election Nov. 5, according to the Indiana primary candidate list. Gregory was not available for an interview after ...

A record of transactions in an information system that provides verification of the activity of the system. The simplest audit trail is the transaction itself. If a person's salary is increased, the ...

No one wants to be the subject of an IRS tax audit, a scenario that ranks right up there with getting a root canal. Michael Fischer, owner of Michael P. Fischer CPA in Simi Valley, offers some advice ...

Efforts in the U.S. and Europe to encourage public companies to change auditors have largely failed, according to a new academic study. The study examined how audit regulators in the U.S. and Europe ...