An audit is an inspection of a company's accounting records, usually done by an independent certified public accountant. Audits are performed in an effort to determine whether a business is ...

Recently issued FASB standards for revenue recognition, lease accounting, and the private company variable-interest entity (VIE) consolidation have led to companies’ and practitioners’ asking a host ...

If your company gets an unqualified audit opinion, that's good news. It doesn't mean the auditor's unqualified, it means they've gone over your financial statements and have no reservations: your ...

While there is some correlation between critical audit matters and critical accounting estimates included in management’s discussion and analysis, it is certainly not a one-to-one relationship, SEC ...

ST. LOUIS, December 10, 2025--(BUSINESS WIRE)--Becker Professional Education, the global leader in accounting exam review and continuing professional education, today announced the launch of its new ...

Emerging technologies, like artificial intelligence (AI) and advanced data analytics, can improve audit quality in significant ways. As the regulatory overseer of public-company audits, the Public ...

Imagine a high-tech control room, with wall-sized screens full of KPIs and digital renderings of transaction flows, and rows of monitoring stations staffed by vigilant professionals who are keeping an ...

Introduction: A background of accounting and auditing mis-governance, that’s hard to ignore: With sheer increase in the number of accounting scams that the industries have witnessed since early 2000, ...