FortifyData's TPRM application combines these AI innovations with its core strengths: ongoing risk monitoring through external attack surface assessments, vulnerability intelligence, and questionnaire ...

The widespread use of information technology (IT) can introduce various risks that affect financial reporting and the audit process. To assist auditors in identifying and addressing these risks, the ...

Wondering the best time to file taxes to avoid audits? While there's no guarantee, these tips can help you minimize ...

Generally accepted auditing standards (GAAS) require the auditor to identify and assess risks of material misstatement (AU-C §315, Understanding the Entity and Its Environment and Assessing the Risks ...

The American Institute of CPAs has released a guide to help auditors deal with a new standard on assessing the risks of a material misstatement. The new audit guide, Risk Assessment in a Financial ...

Diana Shaw of Wiley Rein LLP discusses a recent Department of Defense Office of Inspector General audit that identified ...

The University of Iowa's Department of Anatomy and Cell Biology is not aligned with policy and best practices in how it ...

Many people are obsessed with IRS audit risk. Audit risk is worrisome, and opinions vary widely. Even worse, there are many old wives tales about what does and doesn’t trigger an audit. But what about ...

Denver's Office of Social Equity and Innovation has only implemented half of the auditors' recommendations, risking misuse of ...