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Industry Spotlight: Private Equity

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Thought Leadership

Communicating Critical Audit Matters: A Matter of Judgement

New rules for public company audit reports  require auditors to share more information in the audit for investors’ benefit. As auditors have begun adding critical audit matters (CAMs) to their reports, the Center for Audit Quality (CAQ) has found that they must exercise significant judgment and communicate effectively with management and audit committees.

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Auditors' Approach to Accounts Payable

The accounts payable (AP) team at most organizations handles a huge number of transactions each month. That volume makes the AP ledger likely to contain errors, and also makes it a favorite target for hiding fraud.

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