Because business volume and activities have changed significantly for many clients, auditors face new challenges related to auditing with changes in internal control. Here’s how practitioners can ...

Professional skepticism and internal control over financial reporting are two key areas for auditors that have attracted the focus of regulators in recent years. These areas are among those addressed ...

New standards forwarded by the Public Company Accounting Oversight Board and approved by the Securities and Exchange Commission bolster auditor responsibilities and introduce enhanced technology use, ...

Key Audit Objectives for a Client's Payroll Function. Payroll expense is the sum total of all compensation that a business must pay to its employees for a set period or on a given date.

Recently, I asked one outside audit manager why he hadn’t told the company president that 40% of all the controls we were testing for the company were not Sarb-Ox key controls.