Following these tips can help maintain an audit quality-control system that holds your firm to professional standards and aids in delivery of a top-notch product to clients, experts say. Focus on the ...
A power quality audit is an organized, straightforward process that allows you to assess and monitor the electrical health of your facility. While it might seem complex at first, the audit process can ...
Henry Wadsworth Longfellow once said, “It takes less time to do things right than to explain why you did them wrong.” However, many audit firms think about quality as a task carried out at the end of ...
Today’s audit profession is driving exciting and unprecedented changes that are fundamentally evolving the role of the auditor and how audits are performed. Breakthrough innovations in areas such as ...
Putting flesh on the bones of technological change in auditing begins with talking to the people who will affect that change—and those most affected by it. To that end, one of the most important ...
Auditors don’t put much emphasis on work-life balance, but the quality of their audits tends to suffer if that balance is absent, according to a recent study. Processing Content The study, by Jagan ...
In this article, we aim to educate readers about some of the key determinants of the level of an external audit fee. These include the size and complexity of the entity being audited, the level of ...
The council says clear, relevant disclosures help audit committees and investors make informed choices when appointing auditors.
THE FUTURE OF AUDIT IS NO LONGER THEORETICAL. IT IS ALREADY INFLUENCING HOW UK FIRMS DELIVER ASSURANCE ENGAGEMENTS. --------- ...
A recent study demonstrates that the use of artificial intelligence is significantly improving the quality and efficiency of financial statement audits, as well as displacing audit professionals. A ...
The regulator voiced concern about the speed and scale at which IPO audit mandates are being taken on.
The profession now has a clear path toward achieving long-standing goals, including improved accuracy and more meaningful ...