Audit Fundamentals explores the principles, standards, and real-world practices behind accounting and auditing. Each episode breaks down essential audit topics — including risk assessment, internal controls, audit evidence, financial reporting, and professional standards — through practical conversations and clear explanations that make complex concepts easier to understand.
Latest Episodes
Audit Evidence
Not all evidence is created equal, and knowing the difference is what separates a workpaper that holds up from one that gets sent back. Meredith Mednick, CPA, walks th...
Audit Assertions
Audit assertions are the foundation of everything you do on an engagement, but ask ten auditors to explain them clearly and you'll get ten different answers. Meredith ...
Audit Sampling
Audit sampling doesn't have to be intimidating. Meredith Mednick, CPA, CA breaks it down into plain language - when it applies, statistical versus non-statistical meth...