Over the past few years, much attention has been paid to the issue of global harmonization of generally accepted accounting principles while, at the same time, a much quieter revolution has been ...
The Auditing Standards Board of the American Institute of CPAs has issued a suite of eight new standards on risk assessment that should significantly improve the quality of audits of private companies ...
The Institute of Internal Auditors will soon be unveiling extensive changes in its standards, including a name change. In an email Thursday, the IIA said it would be making the proposed new standards ...
Changes to professional guidance unveiled Monday are designed to help internal auditors provide service that helps their organizations successfully navigate risks that are changing and accelerating ...
On 20 March 2024, K2 Integrity hosted a webinar on the implications of the recent updates to the Global Internal Audit Standards (“Standards”). The discussion included David Hyman, senior vice ...
Recently, a group of prominent corporate executives, including Warren Buffett and Jamie Dimon, as well as investment managers and institutional investors, issued a set of “Commonsense Principles of ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...
Ghana has officially begun implementing the Global Internal Audit Standards (GIAS), which were introduced on January 9, 2024, and adopted on February 22, 2024. These standards, initially developed in ...
It automates evidence collection application-wide, learns from control history and continuously maps user behavior against ...
New Delhi: When India’s audit regulator imposed a fine of ₹10 crore on Coffee Day Enterprises Ltd’s auditor last month, it was among its highest so far—a fraction of global penalties. As India’s ...
New Delhi: The National Financial Reporting Authority (NFRA) on Monday recommended audit standards for limited liability partnerships (LLPs), although the accounting and auditing self-regulator ...
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