Audit Standards
Latest News
Understanding Employees’ Preferences: The Key to CPA Firms Attracting Top Talent in 2025
2025 Tax Refund Date Estimator – And Last Minute Tax Tips for 2024
IRS Will Phase in $600 1099-K Reporting Threshold in 2026
Review of HubSync – The Accounting Technology Lab Podcast – Nov. 2024
PCAOB Rule Change Creates Procedure to Revoke Delinquent Firms’ Registrations
Audit firms that don't file annual reports and have neglected to pay their annual fees for two straight years would be targeted.
PCAOB Debuts ‘Audit Focus’ Series for Auditors of Small Public Companies
"Audit Focus" intends to provide easy-to-digest information to auditors, with critical audit matters as the first topic in the series.
Wolters Kluwer and Internal Audit Foundation Uncover Potential of GenAI in Audit Activities
The report explores the use, implementation and governance of GenAI within organizations and internal audit functions.
PCAOB Gives Chinese Audit Firm the Boot Over Rules Violations
The PCAOB revoked the registration of JTC Fair Song for violations of auditing rules and for not cooperating with an investigation.
PCAOB Publishes Extra Guidance on Remediation Process
Audit firms are encouraged to review the supplement and other resources providing transparency around remediation.
Here’s What’s On the Updated PCAOB Standard-Setting, Rulemaking Agendas
Year-end standard-setting projects include NOCLAR, audit firm and engagement metrics, and reporting in specified circumstances.
PCAOB Provides Three Resources For Auditors On the New Quality Control Rules
The resources include a practice aid, comparison document, and a webinar related to the implementation of QC 1000.
PCAOB Doles Out $165,000 in Total Fines to Five Audit Firms
Four firms were caught up in an enforcement sweep, while the fifth firm was sanctioned for failing to timely file PCAOB Form 3.