"It's ironic, considering that the function of auditors is to determine materiality." The function of the auditors is to determine that the financial statements are not materially misstated.

A public company’s audit doesn’t run on the same rulebook as a private company’s. The firm doing the audit has to be ...

The headlines have been arriving with increasing regularity. AI systems that analyze company results and stock valuations with, their developers claim, accuracy that outperforms human analysts. Models ...

Audit opinions represent the auditor’s formal conclusion on the reliability of a company’s financial statements and, in particular, on its capacity to continue as a going concern. Such opinions serve ...

Ideagen AuditAnalytics has just released its 2024 Report on Critical Audit Matters, a 3-Year Review, covering the years 2020 to 2022. Under the auditing standard for the auditor’s report (AS 3101), ...

Mary Connaughton is director of government transparency at Pioneer Institute. Peter Enrich chairs Progressive Democrats of Massachusetts and is a professor emeritus at Northeastern University School ...

Border Management Authority (BMA) Commissioner Dr Michael Masiapato welcomed the Auditor-General of South Africa’s (AGSA) unqualified audit opinion for the 2025/2026 financial year, calling it a ...

CHEYENNE – The city of Cheyenne has received an unmodified (“clean”) audit opinion on its financial statements for Fiscal Year 2025, which is the highest level of assurance. This distinction reflects ...