The Auditing Standards Board of the American Institute of CPAs has issued a suite of eight new standards on risk assessment that should significantly improve the quality of audits of private companies ...

The Public Company Accounting Oversight Board issued a report Thursday warning about significant deficiencies it is seeing in auditing firms’ assessment of risks in their clients. The report details ...

The PCAOB voted to propose a slate of seven auditing standards related to risk assessment and response. The standards would supersede the board’s interim auditing standards related to audit risk and ...

The AICPA Auditing Standards Board’s (ASB’s) plans to finalize a new risk assessment standard at its August meeting should be welcome news for many practitioners. Risk assessment is a fundamental ...

Even in the face of costly and embarrassing corporate security breaches, one in four companies fails to conduct any IT risk assessment. And 42% say there are areas of their information technology ...

The company’s fifth audit is an important trust signal to current and potential users that it really isn't logging your traffic.

Security terms are sometimes confusing. And like all expressions, sometimes the definition can get subtly changed over time. An example of this is “security assessment” versus “penetration test”. I ...