The Securities and Exchange Commission (SEC) requires public companies to issue financial statements. Before these statements become available to investors and the public, they need to undergo an ...

Although external and forensic auditors often hold similar qualifications — typically as certified public accountants — and share a common understanding of foundational concepts like sampling, ...

As a business owner, an external audit may seem a costly, unnecessary service. A privately held company is under no legal obligation to provide an external review of the company's financial statements ...

New research indicates that external auditors are likely to rely on the work of internal auditors only under certain circumstances. Processing Content Professor James Bierstaker of the Villanova ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Depending on when your fiscal year-end is, your company may ...

Audit committees of public companies are under increasing regulatory pressure to ensure external auditors are doing a quality job. Considering these factors should help them fufill their oversight ...

With interactions between audit committees and external auditors a focus of a steady stream of news recently, a new tool has been developed to assist audit committees in annual evaluations of external ...

An internal auditor is a company employee hired to provide independent and objective evaluations of its financial and operational activities.

Better communication among internal and external auditors and audit committee members can ease some of the tensions, according to a new report. Processing Content The report, from the Institute of ...

People listen to the agenda during a school board meeting on Monday, Aug. 18, 2025, at Fayette County Public Schools Central Office in Lexington, Ky. Did Superintendent Demetrus Liggins and the ...

Business owners often spend copious amounts of time managing their company's financial information. Accounting is the primary tool for recording, reporting and analyzing financial information.