The profession needs to engage seriously with whether the binary audit opinion remains the right product for the public interest it is meant to serve.

Compliance teams should expect more support from their organization’s internal audit functions. That is the clear message from the Institute of Internal Auditors (IIA), the global body of national ...

As artificial intelligence reshapes financial compliance practices, regulators across Latin America and globally are increasing their scrutiny of AI-based AML tools. This article explores the growing ...

In venture, the most expensive line item in any deal is uncertainty. Professional auditing can turn narrative into evidence, lower the cost of capital and help protect both sides from preventable ...

Opportunities, Architecture, and Challenges: A Systematic Review,” published in Account Audit, the authors argue that AI is expanding audit coverage and improving anomaly detection, while also ...

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Explain how an audit performs the function of reducing the “information gaps” faced by the stakeholders in a business like investors, creditors, employees and the general public. Explain how the ...