Financial statements comprise three important written records: the cash flow statement, the income statement and the balance sheet. Companies furnish financial statements to provide information on ...

Quarterly statements for publicly- traded companies are not required by law to be audited. However, audits provide a level of authority and security to investors.

Financial statement audits are not just a compliance exercise, but also an opportunity to gain knowledge that can generate positive business results, according to a new survey. In many cases, though, ...

Journal of Business Ethics, Vol. 41, No. 1/2, The Role of the Business Person in the Fabric of Society (Nov. - Dec., 2002), pp. 1-11 (11 pages) This paper uses the intuition from the game of chicken ...

Does my business need audited financial statements? Crystal Stranger, CEO of OpticTax.com, noted that most businesses do not need audited financial statements, especially since audits can cost ...

The debate about responsible financial reporting has not been sidelined by the COVID-19 pandemic. In fact, the future of audit—and how it should adapt to changing stakeholder demands—has only ...

WASHINGTON – The U.S. Army today released its Fiscal Year 2023 Annual Financial Report, which includes results from the annual financial statement audit for its general fund and working capital ...

Financial statement audits are not just a compliance exercise, but also an opportunity to gain knowledge that can generate positive business results. In many cases, though, companies are not taking ...

WASHINGTON – The U.S. Army released the results of its financial statement audit contained within its Fiscal Year 2024 Annual Financial Report. This year, the Army downgraded six material ...