In the rash of audit failures over the past few years, a startling trend has emerged that can seriously dilute the value and accuracy of the audit. It’s a practice that may well be at the root of ...

The field of accounting operates with many specializations, and auditing and forensic accounting are two of the most common. Although forensic accounting analysis and auditing seem like similar ...

Small businesses sometimes undergo corporation audits to ensure that their financial practices are meeting acceptable standards. A business may conduct these audits internally to evaluate its own ...

High-profile enforcement activity is beginning to undermine the trust that the audit profession has earned over more than a century of diligent work. However, the historically large fines are not ...

Sign up for the daily CJR newsletter. Editor’s Note: In a recent two-part edition, The Audit roundly castigated the press for what we believe has been a dismal job ...

A legislative review of Minnesota State Auditor Rebecca Otto’s office failed to reach a verdict on whether her staff is monitoring county government finances efficiently. Last year, lawmakers ordered ...

This document provides guidance on how to determine the type of grant financial review being requested by a sponsoring agency or an external auditor. The type of review depends on the purpose, scope, ...