The International Auditing and Assurance Standards Board (IAASB) has decided to, for now, pursue non-authoritative guidance for applying current standards to uses of emerging technology, like AI.

Over the past few years, much attention has been paid to the issue of global harmonization of generally accepted accounting principles while, at the same time, a much quieter revolution has been ...

I recently facilitated a future leader panel discussion where an audience member asked the panelists to share one “stupid thing” their firms are still doing that they wish they’d change. A bright, ...

Auditing and accounting are both key parts of your business's financial record-keeping process, but they're somewhat different in focus. Accounting is the much broader field, and it includes ...

External auditors have long been tasked with ensuring financial integrity, detecting fraud and providing an independent opinion on a company's financial statements. Processing Content Now, with the ...

Companies, government agencies and nonprofit organizations use auditing practices to manage compliance with internal controls. For example, an auditor looks for inconsistencies in financial records.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

In the end, the most radical choice you can make at Harvard might not be which concentration to declare, but which lectures ...