Accounting Today

IAASB Proposes Fundamental Overhaul of Audit Reports

The International Auditing and Assurance Standards Board has released proposals aimed at fundamental transformation of the structure of the future auditor’s report with the goal of communicating ...
Accountancy Age

Fundamental review of audit reporting launched

A “FUNDAMENTAL REVIEW” of auditor reporting has been launched by international audit standard setters. The International Auditing and Assurance Standards Board (IAASB) has released a consultation on ...

NFRA issues toolkits to improve quality of audit by small, mid-sized accounting firms

The National Financial Reporting Authority is releasing new toolkits for small and medium accounting firms. These guides ...
Business Wire

New IT Audit Fundamentals Certificate from ISACA Helps Professionals Launch Careers

SCHAUMBURG, Ill.--(BUSINESS WIRE)--Those seeking a strong foundation in IT audit knowledge and hands-on experience to set themselves apart as they seek audit jobs can now earn the new ISACA IT Audit ...
Accountancy Age

Banking reform report: "fundamental questions" about purpose of audit

have stuck with the appropriate accounting rules, to gauge the underlying risk. “The commission is concerned that auditors failed to report on the higher levels of risk and leverage being run by the ...
JD Supra

Representing Taxpayers in Sensitive Audits: A Look at the Fundamental Challenges of an Eggshell Audit

Sensitive audits present the tax practitioner with unique challenges. They require the exercise of judgment and discretion, as well as an understanding of administrative procedure and even a command ...