NEW DELHI: India’s audit regulator on Friday pointed to gaps and inadequacies in procedures followed and documentation of statutory audits done by top audit firms. The National Financial Reporting ...

A more collaborative relationship between internal and external audit will be a critical step as the profession strives to increase quality and bolster its standing in the public eye, according to ...

Attorneys Ari Cuenin and Joe Greenhill argued Image API v. Young before the Texas Supreme Court. Credit: SCOTX video archives. Justices on the Texas Supreme Court struggled with a state agency's ...

Small businesses sometimes undergo corporation audits to ensure that their financial practices are meeting acceptable standards. A business may conduct these audits internally to evaluate its own ...

An audit is a systematic process of objectively obtaining and evaluating the accounts or financial records of a governmental, business, or other entity. Whereas some businesses rely on audits ...

The Mayor of New York City, Eric Adams, has been indicted on five criminal counts in a corruption probe involving soliciting bribes from wealthy foreign businesspeople as well as receiving illegal ...

To determine maximum aggregate component materiality levels, we first use the cumulative binomial distribution to derive the maximum number of components that can be allowed to simultaneously contain ...

Bangladesh's banking sector is fragile, strained by non-performing loans (NPLs), poor governance, weak regulations and a trail of scandals. At a time when public trust in banks is thin, the role of ...