NFRA held that weak, undocumented communication between auditors and governance bodies violates auditing standards and governance duties, requiring structured two-way ...

With the vast majority of executives saying AI is already being used in their financial reporting processes, most expect auditors will provide assurance and attestation over their AI controls.

In a regulatory filing, Macy’s (M) said that in the course of preparing the company’s financial statements for the interim period ended November 2, 2024, management identified a material weakness in ...

As companies scale digitally, financial control has shifted from accounting to infrastructure, forcing finance leaders to ...

In today’s fast-paced business environment, efficient and accurate financial reporting is crucial for making informed decisions. Manually consolidating and transforming financial data from multiple ...