Understanding Funding Gaps.

When a business is trying to secure funding, one of the key things that investors will look at is the business’s understanding of its funding gaps. A funding gap is simply the difference between the amount of money that a business has available to it and the amount of money that it needs to meet … Read more

Auditing Standards Board (ASB) Definition.

The Auditing Standards Board (ASB) is the body of the American Institute of Certified Public Accountants (AICPA) that establishes auditing and attestation standards for CPAs in the United States. The ASB’s mission is to serve the public interest by setting high standards for auditors and by providing guidance to the profession. What are audit procedures? … Read more