In October 2021, the American Institute of Certified Public Accountants (AICPA) Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement in...
After six years of working as an auditor, surviving just as many busy auditing seasons, I have learned how to work in a whole different world that keeps me continually on the go! This experience has led to fine-tuning the contents of my audit bag, so that it holds all...
Independent, third-party audits have long been viewed as a necessary component of doing business. It’s something that generally must be performed in response to outside forces (i.e., banking institutions, external equity holders, etc.) in order to maintain a...
