Proposal would pave the way for a new attestation service
A proposal by the AICPA's ARSC would result in flexibility for practitioners performing and reporting on a procedures and findings service.
Auditing
What audit committees need to know about PCAOB’s Form AP
The CAQ has published a new tool.
The importance of audit planning
Often overlooked, the real benefit of audit planning is gained from the process itself.
CAQ suggests changes in 2 PCAOB proposals
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.
What PCAOB inspectors are looking for
PCAOB inspectors will focus on several key areas during 2017, including compliance with new audit transparency rules and preparation for new accounting standards.
Rulemaking gives auditors a chance to provide more insight
An upcoming Auditing Standards Board proposal is the latest example of a standard setter providing a mechanism for auditors to provide more value.
PCAOB urges improvement in broker and dealer audits
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.
How well do you know audit documentation requirements?
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.
How blockchain will change CPAs’ work
Amanda Wilkie, chief information officer at WithumSmith+Brown, explains how blockchain could promote continuous auditing.
Mandy Nelson, CPA
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.
PCAOB expands auditors’ reporting duties, with emphasis on ‘critical’ matters
The audit report gets major changes for the first time in decades.
Managing the risks associated with models
Accountants in all industries can play a meaningful role in the mitigation of model risk at their organizations.
5 key issues that merit CPAs’ attention
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.
PCAOB proposes amendments
Changes are sought for auditing accounting estimates and use of the work of specialists.
Tactics for driving quality in a single audit
Engagement partner expertise and firm specialization are among the factors that correlate with quality performance in a single audit.
AICPA issues TQAs on use of inappropriate accounting standards
The AICPA issued technical questions and answers that address reporting on financial statements developed using an inappropriate set of standards.
ASB issues standard for auditors involved with exempt offering documents
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.
ASB addresses auditor reporting on ERISA plan financial statements
The standard is meant to clarify auditors' responsibilities.
How to manage risks related to multijurisdictional group audits
Audits of U.S. companies increasingly require accountants to manage the challenges and risks of dealing with multiple foreign jurisdictions.
What auditors of brokers and dealers need to know about audit planning
A CAQ alert discusses challenging areas.
