Audit & assurance

The PCAOB has revised a proposal that would create a more uniform approach to a lead auditor’s supervision of other auditors from other audit firms.

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.

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.