The Securities and Exchange Commission (SEC) requires public companies to issue financial statements. Before these statements become available to investors and the public, they need to undergo an ...

The strategic management process is an approach to making major decisions on your company's future direction and strategy. You identify internal strengths and weaknesses, and external threats and ...

New research indicates that external auditors are likely to rely on the work of internal auditors only under certain circumstances. Processing Content Professor James Bierstaker of the Villanova ...

With interactions between audit committees and external auditors a focus of a steady stream of news recently, a new tool has been developed to assist audit committees in annual evaluations of external ...

According to a global survey of business leaders conducted by KPMG and Forbes Insights, nearly all executives (98%) say their external audit firm uses advanced technology extensively. There’s little ...

Better communication among internal and external auditors and audit committee members can ease some of the tensions, according to a new report. The report, from the Institute of Internal Auditors and ...

After two motions for reconsideration of an adverse Supreme Court decision (an action that is allowed only under ...

LONDON (Thomson Reuters Regulatory Intelligence) - As more large firms go bankrupt in the UK, external auditors and the body that oversees them, the Financial Reporting Council (FRC), continue to be ...

Academic research in internal audit provides best practices and pertinent information for external and internal auditors. Below, we summarize recent internal audit research from leading academic ...

Based on the results, UnitedHealth Group has outlined multiple steps it plans to take to improve operations. The company's ...

Business owners often spend copious amounts of time managing their company's financial information. Accounting is the primary tool for recording, reporting and analyzing financial information.