An auditor must make key decisions regarding what controls to trust, what controls to inspect and what weight to place on all the tests associated with auditing the financial practices of a company.

The increasing use of models that facilitate analysis and strategic decisioning has added additional risk to many organizations risk profile. Specifically, Financial Institutions are seeing increased ...

The Institute of Internal Auditors is asking for input on a proposed update to its Three Lines of Defense (3LOD) model for the internal audit function. Processing Content The 3LOD is a standard for ...

IN BRIEF Public company auditing is a complex and challenging area of accounting practice. The following revisits the authors ...

Companies and their auditors are getting ready for the Public Company Accounting Oversight Board’s new audit reporting model, despite uncertainty over whether the Securities and Exchange Commission ...

FILE PHOTO: A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration (Reuters) - Online fashion retailer Boohoo said on Friday it would move ...

AI isn’t just another tool layer to plug into existing structures. It fundamentally changes how work should flow.

ROCHELLE PARK, N.J., April 1, 2025 /PRNewswire/ -- Intelligent Audit, a leading freight audit and payment provider known for its early adoption of AI and cutting-edge technology, has once again raised ...

Online fashion retailer Boohoo said on Friday it would move all of its suppliers to a new auditing model over the next 12 months in its latest effort to address failings brought to light in media ...