An AICPA committee leader testified last week at the public hearing by the Department of Labor’s ERISA Advisory Council, “Beyond Plan Audit Compliance: Improving the Financial Statement Audit Process.

Financial statements comprise three important written records: the cash flow statement, the income statement and the balance sheet. Companies furnish financial statements to provide information on ...

The debate about responsible financial reporting has not been sidelined by the COVID-19 pandemic. In fact, the future of audit—and how it should adapt to changing stakeholder demands—has only grown in ...

The Covid-19 pandemic has forced companies to make significant changes to their internal audit processes and how they prepare for external auditors to review their financial statements. A recent ...

Financial risks focus on managing the risks of potential loss of physical assets and financial resources. Business risks include contracts, cash and investments, revenue, and inventory. Operational ...

Karthik Manimozhi, CEO of an AI-driven financial analytics company, joins Karla Jo Helms on Disruption Interruption to explore the revolutionary impact of AI on financial audits. He delves into how ...

The Office of Management and Budget is calling for a major overhaul in how federal agencies conduct financial audits. In its June 23, 2025, memorandum (M-25-30: "Ensuring Accountability: How We ...

Crunchafi, a leader in SaaS technology for accounting and financial professionals, and Fieldguide, the leader in professional-grade agentic AI for audit and advisory, today announced a partnership ...

For many, the term “Air Force” conjures up images of fighter jets and airmen in combat. But there’s a lot more that happens behind the scenes. Budgeting, funding and accounting, for example, are ...

Norristown Municipal Council March 18 took the unusual step of hiring a Jamison audit firm to audit the municipal financial books for 2010 – three years after that audit should have been completed.

The UNC-Chapel Hill chapter of the American Association of University Professors hired Howard Bunsis, an accounting professor ...

The Baltimore City Department of Audits has no record of receiving a financial audit from the taxpayer-backed Baltimore ...