When I was a junior accountant eons ago, my boss would always give me the cash to reconcile or audit, the minutes to “abstract,” and the internal control questionnaire to go over with the controller ...

An audit is an unbiased examination of the financial statements of an individual or organization. Three main types are external audits, internal audits, and IRS audits.

The study is based on 2,200 minutes of interviews with audit committee chairs or members along with other stakeholders, according to the researchers from the University of Tennessee and Virginia Tech.

Auditing and accounting are both key parts of your business's financial record-keeping process, but they're somewhat different in focus. Accounting is the much broader field, and it includes ...

An accounting audit trail strikes at the underlying conditions -- fraud, data incompleteness and missing information -- that breed inaccurate financial reporting. By giving corporate auditors ...

This is the first course of the Audit Analytics Certificate Program. There are two main purposes of this course: (1) introduce the basic application of analytics to both internal and external audit ...

For example, the 2022 GAO Audit found discrepancies in 61% of $3.5 trillion in assets, and the 2024 DoD Financial Agency report found 28 material weaknesses, showing weak internal accounting ...

A new AICPA report provides nonauthoritative guidance addressing frequently asked audit and accounting questions related to the coronavirus pandemic. The report, Audit Matters and Auditor Reporting ...