The aim of the risk assessment auditing standards was to improve the quality and effectiveness of audits by substantially changing audit practice. Statements on Auditing Standards nos. 104–111 provide ...

Peer reviews that monitor compliance with professional standards provide insights into what to look out for in not-for-profit audits to avoid deficiencies. These insights are particularly valuable ...

Technology has wrought many a change in your average accounting firm — completely revamping tax prep and bookkeeping — but it has had much less impact on the audit function over the past two decades.

Auditing is a crucial function for businesses, but much of it is routine — the sort of work machines could take over. In fact, many processes have been automated already, and accounting firms are ...

Digital transformation and the proliferation of e-commerce have fundamentally altered the way financial data is recorded, processed, and transmitted. As a cornerstone of financial integrity, the ...

The American Institute of CPAs has updated its practice aid for accounting and auditing of digital assets, with added material on cryptocurrency. Processing Content The latest edition includes ...

If your organization is practicing agile internal auditing, is it practicing big A Agile or little a agile? Because there's a big difference between the two. I started talking about an agile internal ...

Brody Gapp launches a mortgage AI governance audit practice and plans to release a Mortgage Bankers AI Governance Guide in Q3 2026.

In the early days, one path stood above the rest: audit practice. It was never merely a career choice, but a calling — a commitment to safeguarding trust and upholding the principles of integrity and ...

Monique Danao is a highly experienced journalist, editor, and copywriter with an extensive background in B2B SaaS technology. Her work has been published in Forbes Advisor, Decential, Canva, 99Designs ...