The Institute of Internal Auditors issued a newly updated set of Global Internal Audit Standards on Tuesday, taking effect in January 2025. The new standards aim to help internal auditors and their ...

Over the past few years, much attention has been paid to the issue of global harmonization of generally accepted accounting principles while, at the same time, a much quieter revolution has been ...

The Institute of Internal Auditors will soon be unveiling extensive changes in its standards, including a name change. In an email Thursday, the IIA said it would be making the proposed new standards ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In an era defined by rapid changes and complex challenges ...

The window for “wait and see” is closing. Companies must have a clear AI adoption road map for finance and audit in 2026.

The PCAOB is seeking feedback on its release Tuesday of a proposal focused on modernizing core auditing principles and responsibilities for public companies. AS 1000, General Responsibilities of the ...

New Delhi: When India’s audit regulator imposed a fine of ₹10 crore on Coffee Day Enterprises Ltd’s auditor last month, it was among its highest so far—a fraction of global penalties. As India’s ...

An audit is an inspection of a company's accounting records, usually done by an independent certified public accountant. Audits are performed in an effort to determine whether a business is ...

New Delhi: The National Financial Reporting Authority (NFRA) on Monday recommended audit standards for limited liability partnerships (LLPs), although the accounting and auditing self-regulator ...