A forensic audit is an examination of a firm's or individual's finances to derive evidence that can be used in a court of law or legal proceeding.

Deloitte is making use of robotic process automation to help its auditors and clients with their financial statements. “We’re at an inflection point — I would say at a transformational point — in ...

More than just paperwork, audited financial reports show that the numbers for your business add up. Knowing what goes into an audited statement and why it matters can help you gain confidence with ...

Since 1995, the Department of Defense’s financial management has been on the Government Accountability Office’s High Risk List. Thousands of audit findings from DOD’s department-wide financial ...

A recent study demonstrates that the use of artificial intelligence is significantly improving the quality and efficiency of financial statement audits, as well as displacing audit professionals. A ...

Credit losses represent a significant area of focus in financial statement audits. As economic conditions fluctuate and accounting standards evolve, auditors face increasing challenges in evaluating ...

The debate about responsible financial reporting has not been sidelined by the COVID-19 pandemic. In fact, the future of audit—and how it should adapt to changing stakeholder demands—has only grown in ...

A state audit noted errors in city of Vancouver’s 2024 financial statements. “Our audit identified deficiencies in the city’s internal controls that hindered its ability to produce accurate financial ...

Authentication controls, such as passwords and restricted access rights, are a primary layer of protection between an entity’s data and bad actors. Weaknesses in these controls can leave systems ...