Industry expert Ann Cohen says audit committees are increasingly using AI and advanced technology to run risk analytics ...
Risk-based audit needs a reset to enterprise risk and value auditing. When I became a chief audit executive (CAE) for the first time in 1990, I determined a risk-based approach was inadequate. A ...
SEATTLE, Wash., Jan. 15, 2026 (SEND2PRESS NEWSWIRE) — (3Si) today highlighted its Child Universal Success Platform (CUSP)Risk ...
An auditor must make key decisions regarding what controls to trust, what controls to inspect and what weight to place on all the tests associated with auditing the financial practices of a company.
Regulated organizations can now deploy Shufti’s KYC and deepfake audit AMIs via AWS Marketplace to rescan historic ...
Generally accepted auditing standards (GAAS) require the auditor to identify and assess risks of material misstatement (AU-C §315, Understanding the Entity and Its Environment and Assessing the Risks ...
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 ...
It automates evidence collection application-wide, learns from control history and continuously maps user behavior against ...
Data breaches – always critically important to those with responsibility for storing, transporting and protecting electronic information – have become an all-consuming topic of late. Stories about ...
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 ...
Arizona school districts face growing financial instability, with a report showing more at high risk of budget issues.