Audit continues its need to mature. Changes in professional standards, technological innovation, evolving compliance and regulatory requirements, and an increasing competitive environment are forcing ...

Value is what people would be willing to pay for, not what you say it is. The same applies to internal audit. Richard Chambers, president and CEO of the global Institute of Internal Auditors (IIA), is ...

While artificial intelligence has intrigued humans for centuries, it was not until the past few years that AI has undergone explosive growth in every field, led by advances in deep learning.

The Sarbanes-Oxley Act of 2002 mandates that publicly held companies rotate the lead partner in an audit firm off the audit project every five years. Many private entities have followed suit, ...

The number of audit deficiencies tied to fair value measurements is still high, but declined for the second year in a row, according to a new analysis of Public Company Accounting Oversight Board ...