A few days ago, probably through Twitter, I found an interesting site for auditors and other risk and compliance professionals called Compliance Week. Based in Boston, they publish a monthly magazine, a weekly email newsletter, and host several blogs and forums on the web. What led me to the site was a link to aContinue reading “How the risk of a pandemic might affect your company”
Tag Archives: disclosure
Taking the wraps off materiality
Materiality is an important concept in auditing. The point of an audit is to certify the financial statements as being free of material misstatement. A material misstatement is one which would affect the decisions of a user of those statements. This recent blog post at the VeraSage Institute, more known for their pioneering work inContinue reading “Taking the wraps off materiality”