Cyber incidents, such as IT outages, data breaches or ransomware attacks, are considered the greatest risk facing organizations globally in 2023, according to the European Confederation of Institutes ...

The more key audit matters disclosed in an audit report, the higher the financial distress level of a company, according to a new study. The study, which appears in the current issue of the British ...

MILWAUKEE, Sept. 16, 2025 /PRNewswire/ -- Cybersecurity, AI, and economic uncertainty are dominating the priorities of internal audit leaders in 2025, according to Jefferson Wells, a leading ...

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 ...

African audit leaders rank cyber incidents as the main business risk Cybercrime cost Africa about $10 billion in 2023, amid rising AI-driven threats Digital disruption shows the sharpest increase ...

Risk assessment is fundamental to audit quality. The AICPA Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and ...

Check out Taxmann's Audit of Financial Statements which is a comprehensive guide that assists auditors conducting financial statement audits, covering every step from auditor appointment to audit ...

Annually, we perform a campus wide risk assessment, with the support of Internal Audit and the University’s Compliance Program. We embraces a holistic strategy for risk identification, utilizing a ...

A data storage strategy that addresses data sovereignty builds on the classification of data in the data audit to limit what data can go where. As part of the classification process, data will be ...

RIYADH —Minister of Finance Mohammed Al-Jadaan said that the new Financial Audit Law contributes to the early detection and efficient management of risks. “The law is a qualitative step that reflects ...

The Auditor-General for the Federation (AGF), Shaakaa Chira, has emphasised that adopting modern auditing techniques in financial processes can help address critical issues such as revenue leakages, ...