It's the first major change to the standard form in 70 years.
William Duhnke will chair the Public Company Accounting Oversight Board, and will be joined by board members J. Robert Brown, Kathleen Hamm, James Kaiser, and Duane DesParte.
In this excerpt from the AICPA’s new Guide to Audit Data Analytics, learn how to apply the techniques to a risk assessment procedure.
PCAOB member Jeanette Franzel is calling for audit firms to dedicate additional resources to ensure high-quality audits.
A new Center for Audit Quality tool provides audit committees with important considerations related to the new auditor’s report.
Recent leaps in artificial intelligence and machine learning might pale compared to what lies just ahead. Here’s how auditors can embrace the changes.
Distributed ledger technology, also known as blockchain, presents a twofold challenge for accountants and auditors.
The PCAOB issued staff guidance that describes important considerations related to the new auditor’s reporting model.
This article explores reasons for remote auditing.
Five principles can help prevent, detect, or correct the most frequent securities law violations adjudicated by the SEC.
The subjective nature of fair value measurements makes them a challenge for auditors. These tips—and a new framework for use by valuation professionals—can make the job easier.
The PCAOB warned of increased risks of material misstatement.
Three proposals issued by the AICPA Auditing Standards Board are designed to enhance the relevance and usefulness of the auditor’s report for audits of nonissuers.
The ASB issued a statement of position providing guidance for attestation engagements related to third-party due-diligence services performed in connection with asset-backed securities.
Board inspectors found audit deficiencies most often in three recurring areas and suggested steps firms may want to follow to improve performance in the future.
Investors and other stakeholders continue to gain access to more information about how audit committees choose and oversee external audit firms.
Although compliance with audit documentation standards can be a challenge, smart planning, standardized working papers, and other best practices can help practitioners avoid problems.
A new attestation service and international issues are addressed in separate proposals.
The SEC granted unanimous approval to the new auditor’s reporting standard created by the PCAOB.
An alert published by the Center for Audit Quality discusses some of the more judgmental or complex areas that may be relevant during the 2017 auditing cycle.