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 ...

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 American Institute of CPAs released a new standard to help auditors assess the risks of material misstatement. Processing Content The new Statement on Auditing Standards (SAS) No. 145, aims to ...

The International Society of Automation (ISA) and the ISA Global Cybersecurity Alliance (ISAGCA), with contributing author Harold Thomas, have released a white paper entitled "Leveraging ISA/IEC 62443 ...

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 ...

Assessing the Cybersecurity of New or Existing IACS Systems (IC33) teaches how to evaluate the cybersecurity of both new and existing industrial automation and control systems (IACS) and the elements ...

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 ...

The revised International Standard on Auditing (ISA) 240, The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements comes in response to greater scrutiny and concern around ...

Both revised standards will apply to audits for periods starting on or after 15 December 2026.