The American Institute of CPAs has released a guide to help auditors deal with a new standard on assessing the risks of a material misstatement. The new audit guide, Risk Assessment in a Financial ...

More than just paperwork, audited financial reports show that the numbers for your business add up. Knowing what goes into an audited statement and why it matters can help you gain confidence with ...

Traditionally, audits are supposed to be conducted at the end of a financial year. During that phase, trained auditors and chartered accountants run through, either partially or completely, thousands ...