When you hear the term audit, you may immediately think of a team of IRS officers rummaging through your files looking for discrepancies and errors in your business's tax returns. However, financial ...

The window for “wait and see” is closing. Companies must have a clear AI adoption road map for finance and audit in 2026.

Financial statements comprise three important written records: the cash flow statement, the income statement and the balance sheet. Companies furnish financial statements to provide information on ...

We all knew things were bad at the California Department of Motor Vehicles. But an eye-opening new state audit documents how shockingly bad. The audit, by the state Department of Finance, paints a ...

The authors of “ Eight Habits of Highly Effective Audit Committees” (Sept. 07, page 46) have identified relevant recommendations. However, these recommendations are for an audit committee that is a ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.