Despite a very uncertain economic climate, investors can at least feel confident that audited financial reports are more ...

The International Auditing and Assurance Standards Board has unveiled a new standard for auditing smaller businesses and organizations. The International Standard on Auditing for Audits of Financial ...

The International Auditing and Assurance Standards Board (IAASB) has issued revised international auditing standards designed to sharpen auditors’ focus on disclosures and to drive consistency in the ...

The AICPA Auditing Standards Board (ASB) on Wednesday issued a new auditing interpretation to address how the auditor might report when the audit is conducted in accordance with both generally ...

Countries and jurisdictions throughout the world mandate that entity financial statements be prepared using International Financial Reporting Standards, and that audits be conducted in accordance with ...

The Financial Reporting Council (FRC) has announced revisions to its suite of International Standards on Auditing (UK) [ISAs (UK)]. The updated standards are a result of amendments to ISQM (UK) 1, ...

Ole-Kristian Hope is the Deloitte Professor of Accounting at the University of Toronto's Rotman School of Management. He teaches Commerce, MBA, and PhD courses in accounting. He has broad research ...