Revenue recognition, internal control over financial reporting, and professional skepticism are among the seven key areas for 2014 audit consideration, according to an alert sent Thursday by the ...
The window for “wait and see” is closing. Companies must have a clear AI adoption road map for finance and audit in 2026.
When the COVID-19 pandemic hit the United States earlier this year, companies had to quickly adapt to the economic shock, stay-at-home orders and massive workforce disruptions. Although the severity ...
The Center for Audit Quality has released two new member alerts to help public company auditing firms address potential risks during the upcoming audit cycle. The first of these alerts, Select ...
Revenue cycle leaders at the University of Utah Health successfully established an automated and streamlined audit process that identifies potential errors at the point of coding. It's no secret that ...
The main objective of an audit is to give a true and fair view of a company's state of affairs at a given date. Preparation of the audit report is the last step of an audit cycle. The report renders ...
Inventory is a large part of the auditing process for companies with physical goods. Inventory is a substantial portion of total assets for many companies. In addition, there are many complex ...
The Army continues to make deliberate, measurable progress in strengthening financial stewardship, improving auditability, and modernizing its ...