Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...

Employers conduct performance audits or evaluations to gauge whether employees are performing according to company standards. This process includes periodic assessment of work ethics, procedures and ...

The American Institute of CPAs’ Auditing Standards Board has released a pair of auditing standards related to the financial statements of employment benefit plans and transparency in annual reports.

The updated standards were released in January 2024 as part of the IIA's broader International Professional Practices Framework Evolution project, giving internal auditors a year to familiarize ...

Performance auditing can be a powerful contributor to effective and accountable government. There is, however, a gap between the positive impact it could have and that which it is actually having. In ...

Generally Accepted Accounting Principles and Governmental Auditing Standards differ and cover different aspects of the financial reporting process. GAAP defines how businesses, both public and private ...

SALT LAKE CITY — A new performance audit released Tuesday by the Office of the Legislative Auditor General (OLAG) reveals consistent problems across the state when it comes to construction standards ...

As part of its overall strategy to strengthen audit quality, in 2014 the AICPA issued the discussion paper Enhancing Audit Quality: Plans and Perspectives for the U.S. CPA Profession, which provides a ...

That our audit is being met with resistance from Beacon Hill is not an example of how expansionist my vision is — it’s just demonstrative of how opaque the Legislature has become. The state auditor’s ...