As a business owner, an external audit may seem a costly, unnecessary service. A privately held company is under no legal obligation to provide an external review of the company's financial statements ...

Business owners often spend copious amounts of time managing their company's financial information. Accounting is the primary tool for recording, reporting and analyzing financial information.

Although external and forensic auditors often hold similar qualifications — typically as certified public accountants — and share a common understanding of foundational concepts like sampling, ...

The National Pension Commission (PenCom) says any company operating Defined Benefits Scheme (DBS) shall undertake at the end ...

The Center for Audit Quality and the Audit Committee Collaboration have updated the External Auditor Assessment Tool, a resource that helps audit committees better evaluate audit firms. The tool ...

Academic research in internal audit provides best practices and pertinent information for external and internal auditors. Below, we summarize recent internal audit research from leading academic ...