Discover how auditors evaluate the inherent risk that affects financial statements, focusing on its inevitability and the crucial role of internal controls.

The widespread use of information technology (IT) can introduce various risks that affect financial reporting and the audit process. To assist auditors in identifying and addressing these risks, the ...

Editor’s note: The author is technical director of the AICPA Center for Plain English Accounting. Addressing audit risk in financial statements with high levels of substantive procedures toward the ...

The American Institute of CPAs has released a guide to help auditors deal with a new standard on assessing the risks of a material misstatement. The new audit guide, Risk Assessment in a Financial ...

Annually, we perform a campus wide risk assessment, with the support of Internal Audit and the University’s Compliance Program. We embraces a holistic strategy for risk identification, utilizing a ...

EY and AuditBoard release Dynamic Risk Assessment and Testing Automation; Gusto and FreshBooks jointly release of FreshBooks Payroll; and other accounting technology news.

DALLAS--(BUSINESS WIRE)--Autire, the accounting industry’s only end-to-end, fully automated SaaS platform for Employee Benefit Plan (EBP) auditing, has unveiled its groundbreaking Automated Risk ...