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 ...

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Editor’s note: The author is technical director of the AICPA Center for Plain English Accounting. Addressing audit risk in financial statements with high levels of substantive procedures toward the ...

Ghana has officially begun implementing the Global Internal Audit Standards (GIAS), which were introduced on January 9, 2024, and adopted on February 22, 2024. These standards, initially developed in ...

KARACHI: A true and fair financial statement (FS) is an essential requirement for a company. An audit, internal and external, is crucial to assure that the FS is free from material misstatement. While ...

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 ...

The National Financial Reporting Authority (NFRA) has kicked off an epic overhaul of the way auditors verify the truthfulness of corporate financial information, in a change of regime from the current ...

The cryptoasset landscape is no stranger to volatility, controversy, and the occasional calls for its doom; that has simply been part of doing business in the sector since the beginning. Recent ...