The profession needs to engage seriously with whether the binary audit opinion remains the right product for the public interest it is meant to serve.

Massachusetts Auditor Diana DiZoglio filed a lawsuit Tuesday with the state’s high court to force the Legislature to hand over financial documents as part of an audit into lawmakers' businesses.

PENTAGON – The U.S. Marine Corps passed its third annual audit in a row, a benchmark of financial accountability and fraud prevention that no other military service, or the Pentagon as a whole, has ...

Sofia Minotti was surprised to receive a letter last October from her local elections office, saying she would be dropped from the voting rolls in 30 days unless she provided proof of her US ...

What just happened? When KPMG, one of the world's biggest accounting firms, asked its own auditor for a discount, it wasn't because of sloppy books – it was because of AI. The firm told Grant Thornton ...

A state-commissioned review unveiled Friday confirms what KARE 11 Investigates has been uncovering for years: Minnesota’s Medicaid system had widespread vulnerabilities that allowed questionable ...

For more than a decade, the California State Auditor has issued warnings to lawmakers about government waste, fraud, cost overruns, and broken oversight systems across state government. Again and ...

The U.S. Department of War has failed its department-wide financial audit for the eighth consecutive year, underscoring long-standing challenges in tracking how the nation’s largest federal budget is ...

The Pentagon failed its financial audit for the eighth consecutive year, the Defense Department said Friday, highlighting the ongoing systemic challenge the nation’s largest federal agency faces in ...

A new report from CPA.com and the AICPA creates a snapshot of what a typical audit firm transformation looks like, based on feedback from 54 U.S. firms of various sizes and maturity levels. “By ...