This explains what materiality means in an audit and why it matters for financial decision-making. The key takeaway is that materiality guides auditors in focusing on misstatements that truly ...

IN BRIEF In the course of fulfilling its mandate to protect investors, the PCAOB has conducted inspections of public firm ...

Former Guam Department of Education Deputy Superintendent of Finance and Administrative Services Morgan "Wade" Borja Paul ...

NFRA releases second audit practice toolkit to support small & medium practitioners. Focuses on risk assessment for revenue ...

House Republicans are working on bills to give financial regulations more durability by embedding them into law.

A multimillion dollar negative fund balance. Expenditures well past the budget. Confusing and incomplete recordkeeping. The ...

The NFRA has released its second Audit Practice Toolkit to assist small and medium practitioners in assessing risks of material misstatement in revenue.

The government of Guam is entering 2026 with an audit of fiscal year 2024 finances still outstanding, with some agencies once ...

On Monday, the Guam Department of Education responded to several questions posed by The Guam Daily Post regarding the 2025 ...

The research and development tax credit will remain a target of the IRS in 2026, even with staff reductions because of the ...

The study, titled Conditional Adversarial Fragility in Financial Machine Learning under Macroeconomic Stress, published as a ...

Financial crime compliance in U.S. banking and financial institutions is at an inflection point. For decades, institutions ...