Preparation of an audit report can be intimidating for most companies. But it doesn't have to be. When preparing for an audit report it's important to understand audit report format, spend time ...

Despite Sarbanes-Oxley requirements, audit committee influence over hiring the outside auditor and setting the audit fees remains more of a hope than a reality, according to a new study. The study, by ...

Having accountants on the corporate board’s audit committee seems like a no-brainer, and a recent study suggests it helps companies and their investors. The study found that when audit committees ...

Lordstown Motors Corp., a manufacturer of electric vehicles focused on the commercial fleet market, settled SEC charges for “misleading investors about the sales prospects of Lordstown’s flagship ...

To ensure that your committee is up to its mission, you must first define the mission by drafting a strong charter that identifies audit committee functions, authority and responsibilities, along with ...

The Center for Audit Quality has issued a new guide for audit committees related to non-GAAP financial measures. Based on information gained from a series of roundtables held in 2017, Non-GAAP ...