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 ...

A significant proportion of firms have yet to implement new audit technologies and methods, citing poor training, lack of quality data, lack of systems access and lack of funds as the primary reasons.

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 ...

DENVER--(BUSINESS WIRE)--Today, during its 15 th annual CCH® Connections User Conference in Colorado, Wolters Kluwer Tax & Accounting demonstrated several new cloud-based solutions designed to help ...

In today's rapidly evolving business landscape, the expectations placed on auditors and advisors are shifting significantly. Processing Content As finance functions within organizations embrace ...

Responding to widespread taxpayer concerns regarding audit procedures, the Bureau of Internal Revenue (BIR) took a decisive step by suspending tax audits in November. This strategic pause allowed the ...