STATEMENT ON AUDITING STANDARDS (SAS) no. 96, Audit Documentation, marks the first big change in the requirements auditors must observe when documenting their audit work. It provides general guidance ...

Forbes contributors publish independent expert analyses and insights. I am the Jenkins Professor of Accounting at NC State University. Audit partners who issue adverse internal control opinions are ...

Monique Danao is a highly experienced journalist, editor, and copywriter with an extensive background in B2B SaaS technology. Her work has been published in Forbes Advisor, Decential, Canva, 99Designs ...

AN INCREASE IN AUDITOR CHANGES HAS LED t o an increase in reaudits, raising unique practice considerations for the CPAs that perform them. Reauditors can use the guidance in SAS no. 84, Communications ...

A new state audit levels sharp criticism at previous TSU leaders over financial issues that went uncorrected for years.

The expense reports aren’t missing, the city auditor said, but a combination of technology and staffing issues caused a lag in approvals.

During last week’s Senate Armed Services Committee confirmation hearing for the secretary of defense nominee Pete Hegseth, several senators grilled him directly about his preparedness to address the ...

Although some may see them as a headache, audits play a very important purpose in the operation of a nonprofit. For starters, ...

A new audit reveals serious issues at Highlands Community Charter and Technical Schools, raising concerns about whether adult ...