A new audit practice alert from the International Auditing and Assurance Standards Board aims to help auditors plan more effective use of external confirmations. Processing Content External ...

SAS No. 150, External Confirmations, published Monday following an AICPA Auditing Standards Board vote in May, is designed to ...

The Public Company Accounting Oversight Board voted unanimously Tuesday to propose for public comment a new standard for audit confirmations, replacing an interim standard that hasn't changed for two ...

DBS’s digitalised audit confirmation solution cuts processing time for audit confirmation requests to under 24 hours, as compared to industry norm of at least seven days. With corporate Singapore busy ...

As an auditor by training, I was excited to see the article on improving the confirmation process (“Better Evidence Gathering ,” April 08, page 32). The opening paragraphs rightfully acknowledged that ...

Managers who prepare financial statements from company records according to standard accounting procedures make assertions about the data in the statements. For example, management asserts that each ...

DBS Bank has rolled out the banking industry's first digital audit confirmation solution on its online corporate banking platform DBS Ideal. The solution, DBS Audit Confirmation, allows the bank's ...

Emburse (May 26) has launched Emburse Audit, an AI-powered intelligent expense auditing solution. Emburse Audit combines smart technology with independent human verification to analyse expense ...

Accounting and auditing procedures differ across companies and industries but audit procedures for cash are similar. The auditor must obtain reasonable assurance that the cash balances of the company ...