Audited financial statements are independent CPA evaluations costing thousands. They include balance sheets, cash flow, ...

Discover the key differences between compiled and certified financial statements, including auditing, reliability, and investor trustworthiness.

Discover the audit cycle process, from identification to management review, and learn how it ensures accurate financial ...

Quarterly financial statements provide more timely financial data to internal and external stakeholders, although the scope of quarterly statements is a bit limited compared to annual balance sheets, ...

The debate about responsible financial reporting has not been sidelined by the COVID-19 pandemic. In fact, the future of audit—and how it should adapt to changing stakeholder demands—has only grown in ...

The International Auditing and Assurance Standards Board has released for public comment proposed changes to the International Standards on Auditing to clarify the expectations of auditors when ...

Financial statement audits are a routine part of closing your financial books. Audits help to ensure the accuracy of the accounting data used to compile the statements as well as the overall ...

Although The U.S. Constitution stipulated that “a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time,” it took more than 200 years ...

The Pentagon failed its financial audit for the eighth consecutive year, the Defense Department said Friday, highlighting the ...

A new audit of the North Carolina Education Lottery found that lottery sales have increased, but the State Auditor is raising ...