Countries and jurisdictions throughout the world mandate that entity financial statements be prepared using International Financial Reporting Standards, and that audits be conducted in accordance with ...

A conversation with the ASB. ver the past several years the Sarbanes-Oxley Act and other events have dramatically affected the setting of auditing standards and the focus of the audit process. While ...

A single set of international auditing standards that apply to audits for all organizations -- not just large listed companies -- is an essential component of the world’s financial architecture. These ...

The PCAOB on Tuesday adopted amendments to its auditing standards to strengthen requirements that apply to audits involving multiple firms. The amendments are designed to improve the quality of audits ...

The Securities and Exchange Commission is planning to encourage greater cooperation between U.S. and international standard-setters.

What are Generally Accepted Auditing Standards (GAAS)? A set of standards and principles that ensures a company's audit conforms to set quality standards and meets the audit's objectives. The ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Those who cannot remember the past are condemned to repeat it, wrote George Santayana, the Spanish-American ...

The CA Institute has said that its newly-issued audit firm quality management standards do not fall within the definition of “auditing standards”. These two standards —SQM 1 and SQM 2 — issued on ...

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 ...

Discover how AAOIFI sets global Shari’ah standards for Islamic finance, ensuring ethical practices in banking, investment, ...