For an auditor, inherent risk is the risk of a material mistatement at the assertion and financial statement levels. Assertions are claims made by business owners or executives that state ...

WIESBADEN, Germany – While there is a renewed focus on accountability for government resources and spending, it’s an ...

Opinion: Eric Israel examines why the auditing profession in the US is ill-prepared to handle the rise of artificial ...

Internal audit departments can effectively manage arising risks while capitalizing on the capabilities of AI and data ...

The International Auditing and Assurance Standards Board released a revised standard on how auditors should evaluate a ...