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.

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 ...

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

An audit is a systematic process of objectively obtaining and evaluating the accounts or financial records of a governmental, business, or other entity. Whereas some businesses rely on audits ...

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 ...

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 ...

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 ...

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 ...

As a business owner, it's vital that you conduct frequent internal audits to determine whether or not your business is operating at peak efficiency. You can limit these audits to examinations of your ...