A data storage strategy that addresses data sovereignty builds on the classification of data in the data audit to limit what data can go where. As part of the classification process, data will be ...

The reliance on statistical sampling is becoming an outdated risk in a data-rich world. UK audit firms must transition to full-population testing and continuous assurance, shifting the auditor's role ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Vikki Velasquez is a researcher and writer who has managed, ...

The county’s internal auditor reported that in a sampling of contracts and expenditures paid for with American Rescue Plan Act dollars, Orange County had complied with all federal monitoring rules and ...

The Pentagon on Friday failed its seventh audit in a row, with the nation’s largest government agency still unable to fully account for its more than $824 billion budget, though officials stress they ...

When auditing a company, auditors use a combination of professional judgment and statistical sampling methods to estimate account balances. Statistical sampling is an efficient way to design samples, ...

Simply sign up to the US financial regulation myFT Digest -- delivered directly to your inbox. The largest US accounting firms will have to appoint independent outsiders to help oversee audit quality, ...

Ernst & Young (EY) is cutting ties with a significant number of U.S. public companies as audit clients in an effort to revamp its audit practice and improve the quality of its work. Between January 1, ...

Ernst & Young said it is cutting ties with many U.S. public companies as audit clients, a move to revamp its audit practice and improve the quality of its work. Eighty-four public companies exited EY ...

This file type includes high resolution graphics and schematics when applicable. Author’s note: Early in my engineering career, I accepted a research project to characterize light transmission ...