Preparation of an audit report can be intimidating for most companies. But it doesn't have to be. When preparing for an audit report it's important to understand audit report format, spend time ...

The Public Company Accounting Oversight Board is taking another stab at overhauling the auditor’s reporting model. The PCAOB first proposed changes in audit reports in 2013 and heard extensive ...

We are not limited to a rigorously enforced standard for communicating in person. Why should we be limited when we are writing? A short while ago, I was talking to an internal audit manager whom I had ...

An auditor's opinion on the financial statements is expressed in the form of an auditor's report. In the best case, the auditor finds that the financial statements are in accordance with generally ...

New requirements represent sweeping changes to the form and content of reports. The Securities and Exchange Commission (SEC) approved a new Public Company Accounting Oversight Board (PCAOB) auditing ...

The Public Company Accounting Oversight Board issued inspection reports Monday for the six largest auditing firms in a new format with more graphs and charts. The revamped format represents one of the ...

A standard format for alternative investment funds (AIFs) to submit the audit of their compliance with the terms of their private-placement memorandums (PPMs) will be issued in two days. PPMs are ...

Under this, Sebi will assign unique IDs to each observation in a bid to simplify the tracking of both current and historical audit issues. This new framework aims to improve data quality, ensure ...