/PRNewswire/ What does the boardroom of the future look like? How can boards help their organizations be resilient in the face of the unknown? The National.
Assessing materiality with regards to fraud is a more nuanced process than it is sometimes represented. So how do auditors interpret it for a given audit and how should it be treated within standards and regulation?
Challenging management has been a focus for auditors in recent years. Personal curiosity, an understanding of human nature and a supportive firm culture is critical for making it work.