Auditing is a highly sensitive task and one that has high standards. Not only is the information handled during an audit sensitive, but an auditor has the responsibility to be honest and accurate in ...

The Institute of Internal Auditors' new practice guide for internal auditing shares some good insights, but falls short in a few areas. The Institute of Internal Auditors (IIA) has published a new ...

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 ...

Proposed changes to guidance followed by internal auditors include a new mission statement and a set of 12 core principles that highlight what effective internal auditing looks like in practice. The ...

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 ...

What is audit quality? This is not meant as a philosophical question, but rather as one that can be answered through ...

Panel members conduct their audits in conformity with the INTOSAI standards and/or International Standards on Auditing. The audits are also conducted in accordance with the Financial Regulations and ...

Technology has wrought many a change in your average accounting firm — completely revamping tax prep and bookkeeping — but it has had much less impact on the audit function over the past two decades.

The Basel Committee on Banking Supervision (the “Basel Committee”) of the Bank for International Settlements issued a revised set of guidelines (the “Guidelines”) concerning the external audits of ...