Audits involve careful examination of a single aspect of a business. Small business owners and managers rely on accurate data produced by audits to help them track potentially hazardous situations and ...

An audit report is a document created by a professional auditor at the conclusion of the auditing process. It provides a detailed summery of each of her findings. Audits are conducted for a variety of ...

Auditor reports are oftentimes misinterpreted, misread or not read at all, according to a new study that calls for significant changes in the reports. “This paper documents that there are important ...

As auditors prepare for a new auditing standard requiring the disclosure of critical audit matters (CAMs) in their reports, they are traveling in uncharted territory and contemplating new information ...

Blake Oliver asks whether audit opinions matter anymore. He employs the decision by the Second Circuit Court of Appeals upholding the district court's dismissal of the case against BDO USA for its ...

Some important themes are emerging in auditors’ reporting of critical audit matters, which are the key component of the biggest change to public company auditor reporting in 70 years. Goodwill and ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. As the onset of the new tax accounting reporting standard approaches, external ...

A scathing audit conducted by Fort Lauderdale’s city auditor has uncovered questionable purchases made by Fort Lauderdale ...