Risks in accounting and audit firms are most often described by the audit risk model. This model describes how the responsibilities of management and auditors combine to determine the risk of the ...

Please note: This item is from our archives and was published in 2021. It is provided for historical reference. The content may be out of date and links may no longer function. Accounting for and ...

The March 6 installment of the AICPA’s monthly A&A Focus Series webcast updated members on critical accounting, auditing, and assurance issues. Hosted by Carl Mayes, CPA, vice president–Audit and ...

Accounting and auditing are both related to finance, but they are not the same thing, and the distinction between them is important to understand. Generally speaking, accounting is defined as managing ...

When you apply for business funding, lenders and investors want to ensure they won’t lose money on your venture. That’s why bringing detailed financial statements to your pitch meeting is crucial.