A proposal by the AICPA's ARSC would result in flexibility for practitioners performing and reporting on a procedures and findings service.
Often overlooked, the real benefit of audit planning is gained from the process itself.
The CAQ has published a new tool.
While supporting PCAOB proposals for new standards on auditing accounting estimates and using the work of specialists, the Center for Audit Quality submitted suggestions for improving the proposals.
PCAOB inspectors will focus on several key areas during 2017, including compliance with new audit transparency rules and preparation for new accounting standards.
An upcoming Auditing Standards Board proposal is the latest example of a standard setter providing a mechanism for auditors to provide more value.
The PCAOB is urging audit firms to take steps to bring about higher quality in audits of brokers and dealers, according to a report issued Friday.
Noncompliance with the Audit Documentation standard is the most common cause of material nonconformity in audits. Take this quiz to find out how well you understand what is required.
Amanda Wilkie, chief information officer at WithumSmith+Brown, explains how blockchain could promote continuous auditing.
Mandy Nelson, CPA, a partner in KPMG’s Department of Professional Practice, says training professionals to understand and apply standards requires a careful analysis of how much time should be devoted to each of the most challenging topics.
The audit report gets major changes for the first time in decades.
Accountants in all industries can play a meaningful role in the mitigation of model risk at their organizations.
Presenters at the inaugural AICPA ENGAGE conference discussed some of the most important issues in the accounting profession, in areas including technology and client management.
Changes are sought for auditing accounting estimates and use of the work of specialists.
Engagement partner expertise and firm specialization are among the factors that correlate with quality performance in a single audit.
The AICPA issued technical questions and answers that address reporting on financial statements developed using an inappropriate set of standards.
Auditors involved with exempt offering documents will be subject to new requirements under Statement on Auditing Standards No. 133, which the Auditing Standards Board issued.
The standard is meant to clarify auditors' responsibilities.
Audits of U.S. companies increasingly require accountants to manage the challenges and risks of dealing with multiple foreign jurisdictions.
A CAQ alert discusses challenging areas.