The widespread use of information technology (IT) can introduce various risks that affect financial reporting and the audit process. To assist auditors in identifying and addressing these risks, the ...

When drafting Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement, the AICPA Auditing Standards Board (ASB) ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...

This section describes how the committee weighs the evidence presented to it. In particular, it explores specific factors underpinning the committee's consideration of efficacy (section 7.4) and ...

Exploration professionals and managers must manage their time and resources carefully in the modern business world. Key to this management process is a full understanding of exploratory opportunities ...