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 ...

The AICPA Auditing Standards Board’s (ASB’s) plans to finalize a new risk assessment standard at its August meeting should be welcome news for many practitioners. Risk assessment is a fundamental ...

Auditing is a means of evaluating the effectiveness of a company's internal controls. Maintaining an effective system of internal controls is vital for achieving a company's business objectives, ...

The American Institute of CPAs has released a guide to help auditors deal with a new standard on assessing the risks of a material misstatement. The new audit guide, Risk Assessment in a Financial ...

The Health Insurance Portability and Accountability Act (HIPAA) sets out several guidelines for the adoption of portability and accountability rules regarding patient information. These guidelines ...

DALLAS--(BUSINESS WIRE)--Autire, the accounting industry’s only end-to-end, fully automated SaaS platform for Employee Benefit Plan (EBP) auditing, has unveiled its groundbreaking Automated Risk ...

A risk assessment is a mandatory annual task completed by a covered entity and a business associate. It is a HIPAA law created to ensure that all of the HIPAA compliance risks (administrative, ...

A series of freshly reconstituted risk assessment audit standards supported by the accounting industry have come under fire from the U.S. Government Accountability Office. In voicing concerns about ...