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The American Institute of CPAs’ Auditing Standards Board has released a new standard for audit evidence for private companies, updating the existing standards in recognition of the increasing role ...

The Public Company Accounting Oversight Board staff issued guidance Thursday on some of the considerations auditors should have about the relevance and reliability of information they get from ...

Auditors use different audit procedures to test management's assertions about a company's financial statements. The techniques employed depend upon the strength of the evidence desired, requirements ...

Issues such as the use of emerging technologies and the application of professional skepticism are addressed in a new audit evidence standard proposed by the AICPA Auditing Standards Board (ASB).

Managers who prepare financial statements from company records according to standard accounting procedures make assertions about the data in the statements. For example, management asserts that each ...

The goal of an audit is to form and express an opinion on financial statements. The audit is performed to get reasonable assurance on whether the financial statements are free of material misstatement ...

To audit the proportion of interventions in emergency ophthalmology that are evidence based and to determine whether the quality of care can be improved. Audit of diagnosis–intervention pairs was ...

A financial audit of the Marlboro County School District has come back with a clean review, according to officials. The ...