Audit & assurance news and resources -- Journal of Accountancy

TOPICS

April 1, 2016

Auditing risks in culture

Internal auditors can help reduce risks by embedding audits of organizational culture into existing audit programs.

April 1, 2016

IIA seeks comment on standards for internal auditors

Changes are proposed to keep pace with evolving demands.

April 1, 2016

Risks of not-for-profit and government audits

The benefits of providing audit services to NFP and government organizations are numerous yet may present unforeseen professional liability risks.

March 28, 2016

IAASB issues summary financial statement audit reporting guidance

New auditor reporting guidance related to an engagement to report on summary financial statements audited by that same auditor has been issued by the International Auditing and Assurance Standards Board.

March 14, 2016

PCAOB gets budget increase of almost 3%

The SEC voted to approve an increase of almost 3% for the Public Company Accounting Oversight Board’s budget for 2016.

March 8, 2016

How to lead an effective internal audit function

Five key traits help leaders of the most effective internal audit functions develop teams that provide effective risk management and an integrated assurance strategy across the organization.

March 7, 2016

International audit regulators seek faster improvement

The rate of deficiencies in audits dropped a bit in the most recent yearly survey compiled by the International Forum of Independent Audit Regulators, who nonetheless are seeking faster improvements in audit quality.

March 3, 2016

How expected credit loss standards will challenge auditors

New financial reporting standards requiring reporting of expected credit losses related to financial instruments are expected to create new challenges for auditors as well as management and audit committees.

March 1, 2016

Kathryn A. Byrne, CPA, CGMA

Kathryn A. Byrne, CPA, CGMA, is a partner and the manufacturing distribution practice leader at WeiserMazars in New York City. On Jan. 1, she started a three-year term as the chair of the International Federation of Accountants Compliance Advisory Panel.

March 1, 2016