Countries and jurisdictions throughout the world mandate that entity financial statements be prepared using International Financial Reporting Standards, and that audits be conducted in accordance with ...

IN BRIEF Public company auditing is a complex and challenging area of accounting practice. The following revisits the authors ...

The International Auditing and Assurance Standards Board (IAASB) has issued revised international auditing standards designed to sharpen auditors’ focus on disclosures and to drive consistency in the ...

The American Institute of CPAs' Auditing Standards Board is looking for feedback on its proposed strategic plan for 2026-30, as it develops guidance in areas such as sustainability assurance and fraud ...

Companies with strong environmental, social, and governance (ESG) track records performed better than their peers after being ...

A conversation with the ASB. ver the past several years the Sarbanes-Oxley Act and other events have dramatically affected the setting of auditing standards and the focus of the audit process. While ...

What are Generally Accepted Auditing Standards (GAAS)? A set of standards and principles that ensures a company's audit conforms to set quality standards and meets the audit's objectives. The ...

A single set of international auditing standards that apply to audits for all organizations -- not just large listed companies -- is an essential component of the world’s financial architecture. These ...

New Delhi: The National Financial Reporting Authority (NFRA) on Monday recommended audit standards for limited liability partnerships (LLPs), although the accounting and auditing self-regulator ...

Discover the key role outsourced audit teams play in maintaining brand standards across diverse national retail networks.