Financial statements comprise three important written records: the cash flow statement, the income statement and the balance sheet. Companies furnish financial statements to provide information on ...

Audited financial statements are independent CPA evaluations costing thousands. They include balance sheets, cash flow, ...

Financial statement audits are a routine part of closing your financial books. Audits help to ensure the accuracy of the accounting data used to compile the statements as well as the overall ...

An AICPA committee leader testified last week at the public hearing by the Department of Labor’s ERISA Advisory Council, “Beyond Plan Audit Compliance: Improving the Financial Statement Audit Process.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Depending on when your fiscal year-end is, your company may ...

Credit losses represent a significant area of focus in financial statement audits. As economic conditions fluctuate and accounting standards evolve, auditors face increasing challenges in evaluating ...

Deloitte is making use of robotic process automation to help its auditors and clients with their financial statements. “We’re at an inflection point — I would say at a transformational point — in ...