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 ...

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 ...

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

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 aim of the risk assessment auditing standards was to improve the quality and effectiveness of audits by substantially changing audit practice. Statements on Auditing Standards nos. 104–111 provide ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In an era defined by rapid changes and complex challenges ...

Should the EU adopt International Standards on Auditing (ISAs)? That is a question asked by the European Commission during a consultation period that will end next week. The ICAEW believes it should ...

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 ...

Canada’s Chartered Accountants today announced the establishment of an independent public body to oversee the setting of auditing standards in Canada, and at the same time announced its first chairman ...

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 ...

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 ...