The American Institute of CPAs approved a standards update to modernize how CPAs get audit evidence via external confirmation ...

The standards update was approved by the Auditing Standards Board, a standard-setting body of the AICPA.

Please note: This item is from our archives and was published in 2020. It is provided for historical reference. The content may be out of date and links may no longer function. The new ...

The American Institute of CPAs’ Auditing Standards Board has released a new standard for audit evidence for private companies, updating the existing standards in recognition of the increasing role ...

Boards and audit committees now expect defensible, evidence-based insight into emerging risks and assurance gaps, not ...

Auditors use different audit procedures to test management's assertions about a company's financial statements. The techniques employed depend upon the strength of the evidence desired, requirements ...

We compared the best ITGC tools for SOX compliance in 2026, including Scytale, Pathlock, ServiceNow GRC, Workiva, MetricStream, Archer, and more.

The days of handwritten ledgers and canceled paper checks largely disappeared with the 20th century. Today's auditor inspects, examines and relies on a financial trail made up of partially or even ...

The PCAOB issued staff guidance Thursday on things for auditors to consider regarding the relevance and reliability of information from external sources that the auditor plans to use as audit evidence ...

If you walk into the compliance department of most financial institutions today, you will find an abundance of policies. There are formal compliance procedures and onboarding controls, detailed ...