In an effort to make the audit process more efficient and effective, the AICPA Assurance Services Executive Committee (ASEC) has developed voluntary audit data standards that would standardize the ...

A new audit data standard issued by the AICPA Assurance Services Executive Committee addresses the inventory subledger and is intended to accommodate basic analysis of the inventory process. Through ...

AI and data sovereignty won’t wait. The question regulators, auditors, and AI systems are asking is simple: Where is the data, and can you prove it?” — Tim Freestone, Chief Strategy Officer at ...

Data Analytics has emerged as an indispensable component within the realms of auditing and information systems, transforming traditional methodologies by integrating advanced computational techniques ...

Data security, once the realm of the IT department, has catapulted into a headline-grabbing topic in 2018, especially in light of Facebook CEO Mark Zuckerberg’s testimony before Congress in April.

The Institute of Internal Auditors has published a new guide to help auditors deal with the challenges of “big data,” the huge volumes of structured and unstructured information that’s being generated ...

Internal auditors are seeing increased value from leveraging data analytics for internal controls evaluation, fraud detection and compliance monitoring, according to a new report. The report, released ...

Most companies are subject to audit, be these quality or financial. Audits, as defined in the internal standards for quality audits, ISO 19011:2018—Guidelines for auditing management systems, are a ...

Background The National Heart Failure Audit gathers data on patients coded at discharge (or death) as having heart failure as ...