The Securities and Exchange Commission proposed an amendment that would correct an error published in 2013 in the exemption provisions in the broker-dealer annual reporting rule.
If approved, the standard would give practitioners added flexibility.
A strong or weak commitment to addressing risks may be an indicator of management’s focus on financial reporting risks.
Changes to the Yellow Book reinforce the principles of transparency and accountability.
Three research projects received awards through the Access to Audit Personnel program.
The PCAOB has issued updated staff guidance to assist practitioners as they implement the board’s new auditor’s reporting model.
Independence issues identified in the PCAOB’s 2017 staff inspections fell compared with the previous year, according to a report the board.
How well do you know the basics of employee benefit plan auditing? Take this quiz and find out.
Provisions take effect June 15, 2019.
Compliance with risk assessment standards is a prerequisite for a high-quality audit. Following these tips can help practitioners avoid common mistakes.
Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.
Leaders in the auditing profession are committed to continuous improvement in audit quality at a time of significant change, seven prominent executives in the profession said in a joint statement.
A new report explains what audit committees and financial statement users need to know about critical audit matters.
The revised standards are designed to provide a framework for high-quality work by government auditors.
The AICPA Auditing Standards Board issued a proposal that would make numerous changes to the attestation standards, including changing the terminology for what have been known as “review engagements.”
A healthy dose of paranoia and specialized expertise can help practitioners overcome challenges in employee benefit plan audits.
To help promote audit quality, KPMG is on an innovation journey with our people, processes and technology.
Careful testing and thorough documentation are among the keys for quality single audit performance described by Laurie De Armond, CPA, in her summary of observations from the AICPA Not-for-Profit Industry Conference.
Audit data analytics provide an opportunity for auditors to provide more value to clients. But first, firms need to let clients tell them what kind of insights would be helpful.
Safeguards for long-tenured personnel are suggested.