Audit continues its need to mature. Changes in professional standards, technological innovation, evolving compliance and regulatory requirements, and an increasing competitive environment are forcing ...

The coronavirus pandemic has raised a number of questions about how to properly audit financial statements when internal controls have changed due to dramatic changes in an entity’s business volume ...

The COVID-19 crisis creates heightened risk of improper financial reporting. Audit committees can and should take steps to help prevent such frauds. Audit Committees should maintain the appropriate ...

With advances in technology, changes in the legal landscape and increased concern about environmental issues, companies must take care that their actions do not endanger the environment or fail to ...

Environmental audits are reviews of a company’s operations and processes to determine compliance with environmental regulations. Audits cover buildings and building sites; activities and procedures; ...

The Army continues to make deliberate, measurable progress in strengthening financial stewardship, improving auditability, and modernizing its ...

THE ASSESSMENT OF COMPANY-LEVEL CONTROLS is a critical part of complying with section 404 of Sarbanes-Oxley. The PCAOB says public companies must assess the design and operating effectiveness of these ...

A state comptroller's audit of the Department of Conservation's Air Pollution Control Permit Program details lack of oversight An audit by Comptroller Tom DiNapoli of the state Department of ...

The Union environment ministry has put in place an environment monitoring framework comprising environment auditing through registered environment auditors (EAs) in a move aimed at enhancing the ...

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 ...