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ETHICS AND PROFESSIONAL RESPONSIBILITIES IN AUDITING
By Osman A. Ali Audit Associate at 3A LLP In the realm of auditing, ethics and professional responsibilities are not just abstract principles but fundamental elements that underpin the credibility and effectiveness of the entire audit process. Auditors are entrusted with the critical role of examining financial statements and ensuring that they present a true…
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IFRS 19 Subsidiaries without Public Accountability: Disclosures
By Razan Al-Mahdi Accountant at 3A CPA LLP The International Financial Reporting Standards (IFRS) are a set of rules which are used to foster transparency, comparability and reliability in financial reporting and as such, are critical for businesses to implement and keep abreast of any changes or updates which may occur. The body that is…
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Why Companies Must Embrace Forensic Auditing in Managing Financial Fraud in the AI Era
CPA Abdulsamd A. Ali Managing Partner 3A CPA In today’s rapidly evolving business landscape, the specter of financial fraud looms larger than ever before. As technology continues to advance, so too do the methods used by fraudsters to exploit vulnerabilities within organizations. In this era of artificial intelligence (AI), where data is king and digital…