The median audit fee increase paid by Securities and Exchange Commission filers was 3.2% in 2015 compared with the previous year, according to a new survey.
SSARS No. 22 pertains to pro forma compilation reports.
New alerts cover judgmental and complex topics.
The proposed changes would increase compliance costs for employers that they may pass on to plan participants, the AICPA wrote.
As a new regulation takes effect for single audits, practitioners need to plan carefully, and test and document skillfully as they perform this specialized work for clients.
New auditors must be conscientious and diligent, and get help when they need it.
The agreement allows cooperation to continue.
Collection is keyword searchable and aims to foster productive dialogue.
More audit committees are voluntarily disclosing information in proxy statements about their oversight of external auditors, including auditor appointment and audit partner rotation, according to a new analysis.
SSARS No. 23 results in the SSARSs being applicable to engagements performed on certain subject matter other than financial statements.
Areas of high attention for auditors during the 2016 audit cycle will include a new standard on naming the engagement partner as well as internal control over financial reporting.
The board seeks a clear indication of whether a single audit was selected.
Inspectors find a high level of deficiencies.
Millennial investors have more faith than members of other generations in US and overseas markets, US public companies, and audited financial information, a new survey shows.
New Statement on Standards for Accounting and Review Services No. 22 clarifies the standard on compilations of pro forma financial information.
Two proposals issued Monday would create guidance for management in designing and describing its cybersecurity risk management program.
An exposure draft adjusts requirements and guidance for supplementary information.
Requirements are proposed for when an auditor is involved with an exempt securities offering.
A new rule requires firms to name engagement partners and other firms that worked on the audit.
The proposal is part of a convergence strategy with the IAASB.