Companies can use financial audit software to determine whether there are significant misstatements in their financial accounts. An audit is a legal obligation for businesses to stay out of fraud.

Hg has acquired a stake in CaseWare International, a Toronto-based developer of audit software solutions for accountants, corporations and governments. No financial terms were disclosed. Hg’s ...

Seemingly unknown in the world of auditing, the age of AI is dawning. AI-driven financial ecosystems demand new levels of scrutiny and expertise, something that cannot be done with outdated manual ...

The audit community’s adoption of electronic working papers to encourage collaboration has had an unintended consequence of creating dark data. That is, data trapped within these new documents, making ...

The new audit risk standards require the auditor to understand and respond to risks of material misstatement, whether due to errors or fraud. In reaching that understanding, auditors should identify ...

New Delhi: The Comptroller and Auditor General (CAG) of India is looking to overhaul the country’s public audit system, moving towards data-centric reviews, artificial intelligence (AI) and stronger ...