The window for “wait and see” is closing. Companies must have a clear AI adoption road map for finance and audit in 2026.

Editor’s note: The author is technical director of the AICPA Center for Plain English Accounting. Addressing audit risk in financial statements with high levels of substantive procedures toward the ...

Wondering the best time to file taxes to avoid audits? While there's no guarantee, these tips can help you minimize ...

Small business owners sometimes rely on performance audits to ascertain the effectiveness of their companies. To identify unprofitable practices, the performance audit might analyze the company as a ...

The Army continues to make deliberate, measurable progress in strengthening financial stewardship, improving auditability, and modernizing its ...

You finally finished your tax return and just when it's finally off your mind, you get a letter from the Internal Revenue Service letting you know you're being audited. Not all audits result in you ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 6 years old. It is only natural to ...