From identifying and assessing the risk of material misstatement due to fraud to designing and performing audit procedures responsive to those risks, addressing the risk of fraud is challenging.

The International Auditing and Assurance Standards Board is proposing to toughen its rules for requiring auditors to look for signs of fraud in a client's financial statements. Processing Content The ...

Gov. Tim Walz has ordered a third-party audit for 14 Medicaid-funded state programs deemed by the Minnesota Department of Human Services to be at a high risk for fraud. The pause in payments will help ...

California put hundreds of millions of homelessness dollars at risk because of its “disorganized” and “chaotic” anti-fraud policies, according to a critical federal audit released today. The audit ...