What Is a Forensic Audit, How Does It Work, and What Prompts It?

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.
AccountingWEB

Turn audit findings into better decisions

Audit isn’t just about signing off the year end – it can shine a light on how a business really runs. In this article, we explore how firms can use ...
JournalofAccountancy

A Perspective on Audit Malpractice Claims

CPAs CAN USE DATA ON AUDIT MALPRACTICE claims filed with CNA, which underwrites 22,000 CPA firms in the AICPA professional liability insurance program, to help them avoid high-cost claims when they ...
Accounting Today

Wolters Kluwer rolls out AI enhancements for audit, client collab

Wolters Kluwer announced the release of new AI-powered features for client collaboration and audit engagements for its CCH Axcess suite of solutions at the CCH Connections User Conference in ...
Miami Herald

Suralink State of Audit Efficiency Report: CPA Firms Battle Budget Overruns, Eroding Realization Rates and Accurate Data Collection From Clients

SALT LAKE CITY, UTAH / ACCESS Newswire / February 19, 2025 / Suralink, the leading client collaboration platform for professional services firms, today released its first-ever State of Audit ...
Wall Street Journal

Audit Firms Face Stiffer Mandate to Verify Client Details Under New Rule

The Public Company Accounting Oversight Board on Thursday approved a tightening of requirements around how audit firms obtain and verify outside evidence on their ...
JournalofAccountancy

Stay Out of Trouble

DEBATE HAS RAGED FOR YEARS i n financial and accounting circles over issues of independence, auditing and accounting standards, and corporate governance. In the event of an auditing malfeasance trial, ...