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 ...

2024 will be a demanding year for internal auditors who will be facing new requirements and updated standards. "The IIA is getting ready to put out new standards for internal auditors," said Richard ...

As a result of the AICPA Auditing Standards Board’s (ASB) Clarity Project, a new standard has been developed that provides clearer requirements and guidance for audits of group financial statements, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In an era defined by rapid changes and complex challenges ...

ICAI’s revised SA 600 tightens safeguards but allows lead auditors to rely on subsidiary auditors, while audit regulator NFRA ...

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 ...

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

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 ...

A recent audit report of the Department of Children’s Services called on lawmakers to get involved when it comes ...