The audit committee's role is to oversee the financial workings of business and to act as a mediator between a company's management and its external auditors. The audit committee reviews financial ...

On June 3, the Public Company Accounting Oversight Board (PCAOB) proposed sweeping new auditing standards ( PCAOB Release No. 2023-003) that would require auditors to consider a company's ...

In the wake of the corporate downfalls of companies like Enron and WorldCom, focus in 2011 is on auditors to find misdeeds before they hit the front page of the newspaper. Contributing to the reliance ...

The increasing attention paid to company disclosures on environmental, social, and governance (ESG) information in the current environment means auditors have a growing role to play related to these ...

Financial audits get a bad rap. While certainly meticulous and often stressful, an audit shouldn't invoke absolute angst or dread in corporate finance teams. With the right preparation and mindset, ...

The External Audit Committee (EAC) has three members, all of whom are independent of the IMF and its Executive Board. The EAC reports to the Board of Governors and is responsible for the oversight of ...

The Panel of External Auditors of the United Nations, the Specialized Agencies and the International Atomic Energy Agency was established by a General Assembly to promote the coordination of external ...

Dylan Rees, Audit Partner at Grant Thornton UK, explores why Wales’ private equity market remains resilient and how external auditors can support PE-backed businesses as they ...

An organization that is well-prepared for such an audit will make the process less stressful and time-consuming for everyone involved. Safety audits are a great way to ensure that an organization ...