Risk-based audit needs a reset to enterprise risk and value auditing. When I became a chief audit executive (CAE) for the first time in 1990, I determined a risk-based approach was inadequate. A ...

The Committee of Sponsoring Organizations of the Treadway Commission released a new paper Wednesday on uniting COSO’s enterprise risk management framework with “agile” practices in internal auditing ...

Editor’s note: The author is technical director of the AICPA Center for Plain English Accounting. Addressing audit risk in financial statements with high levels of substantive procedures toward the ...

Engineering companies need internal audits regularly. These audits must be conducted according to an audit plan, so that the auditor can know that all important aspects of the company will come under ...

According to the Definition of Internal Auditing in The Institute of Internal Auditors (IIA) International Professional Practices Framework (IPPF), internal auditing is an independent, objective ...

IIA standards need to be updated so audit providing assurance on enterprise-level risks, not what matters to middle management alone. At the risk of getting me in trouble with the Institute of ...

The widespread use of information technology (IT) can introduce various risks that affect financial reporting and the audit process. To assist auditors in identifying and addressing these risks, the ...

Tax auditors and audit supervisors who are responsible for conducting audits in their current roles or will potentially be handling such roles in their future assignments. This course is designed to ...

Join Risk Based Auditing MasterClass on 5th and 6th June, 2019 in Vienna, Austria. Training will be led by Phil Griffiths - founder and CEO of Business Risk Management Ltd, A Chartered Accountant and ...

While much of the focus on the ongoing controversy over the audits of Chinese companies listed on U.S. exchanges has focused on the ability of the Public Company Accounting Oversight Board to access ...