Investopedia / Daniel Fishel An audit formally reviews an organization’s or individual's financial records. The process is carried out by professional accountants who check the firm or person's ...

The annual plan is reviewed by university executive leadership to ensure alignment of audit activities with risk. The Board of Visitors approves the annual plan. Internal Audit communicates with our ...

The AICPA resource features new guidance and terminology for financial statement preparers and auditors. The December webcast also included updates on the AICPA Accounting Standards Review Committee’s ...

It's never fun to get this type of letter from the IRS, but there are steps you can take to resolve the situation.

News and in-depth features about tax, accounting, auditing, and other business topics. Published by the American Institute of CPAs ...

The process of a forensic audit is similar to a regular financial audit—planning, collecting evidence, writing a report—with the additional step of a potential court appearance. The attorneys ...

The National Financial Reporting Authority (NFRA ... should be made by NFRA members who are not involved in the audit review process or the creation of audit quality review reports.