Discover how auditors evaluate the inherent risk that affects financial statements, focusing on its inevitability and the crucial role of internal controls.

New capabilities deliver AI-powered systemic risk intelligence, critical function mapping, rapid inherent risk scoring, ...

Traditional lines of cybersecurity blur when organizations rely on third parties to conduct business. What was once neatly contained and secured within your own perimeter may be more vulnerable in the ...

Calendar year 2023 audits will require auditors to follow revised risk assessment guidance. Changes to the concept of significant risk may impact how you perform risk assessment procedures and how you ...

To bolster the risk assessment process and improve overall audit quality, the AICPA Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and ...

Risks in accounting and audit firms are most often described by the audit risk model. This model describes how the responsibilities of management and auditors combine to determine the risk of the ...

You’ve got a limited budget to spend on IT security measures. Wouldn’t it be nice to have an advisor tell you precisely how to apply your resources to improve the security of your infrastructure and ...

Over the past three decades, businesses and personal consumers have entrenched themselves deeper into cloud solutions that are accessible through third-party applications. These tools enable ...

PORTLAND, Ore. (KOIN) — Local gyms, Little League organizers and ski areas are all concerned their liability waivers could be useless. The reason begins with a lawsuit a customer filed against Mt.