Countries and jurisdictions throughout the world mandate that entity financial statements be prepared using International Financial Reporting Standards, and that audits be conducted in accordance with ...

An exposure draft approved by the AICPA board updates baseline standards and addresses sustainability and other emerging ...

What are Generally Accepted Auditing Standards (GAAS)? A set of standards and principles that ensures a company's audit conforms to set quality standards and meets the audit's objectives. The ...

The profession needs to engage seriously with whether the binary audit opinion remains the right product for the public interest it is meant to serve.

A single set of international auditing standards that apply to audits for all organizations -- not just large listed companies -- is an essential component of the world’s financial architecture. These ...

Should the EU adopt International Standards on Auditing (ISAs)? That is a question asked by the European Commission during a consultation period that will end next week. The ICAEW believes it should ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In an era defined by rapid changes and complex challenges ...

Canadian Public Accountability Board publishes inspection reports for individual accounting firms for first time ...

The changes emerging for audit firm quality management standards may pose implementation challenges for firms that are comparable to those caused by Section 404(b) of the Sarbanes-Oxley Act for audit ...

The recommendation was issued while the CIC was ruling on an appeal under the Right to Information (RTI) Act.

Ghana has officially begun implementing the Global Internal Audit Standards (GIAS), which were introduced on January 9, 2024, and adopted on February 22, 2024. These standards, initially developed in ...

Canada’s audit watchdog found “significant” problems with the work of all four major accounting firms that audit Canadian companies in an annual review that for the first time identified them by name.