Auditing April 1, 2026
The IIA Enhances CIA Challenge Exam Program, Expanding Access Through New Pathway Pilot
The Certified Internal Auditor (CIA) is the only globally recognized certification for internal auditors.
Auditing March 25, 2025
PCAOB Nails New York CPA Firm for Multiple Audit Failures
James Pai CPA PLLC and its sole owner and partner Yu-Ching James Pai were fined a total of $40,000 for violating multiple PCAOB rules and standards in connection with the 2021 and 2022 audits of SUIC Worldwide Holdings.
Auditing March 24, 2025
PCAOB Posts Educational Videos to Help Auditors Implement New Quality Control Standard
The Public Company Accounting Oversight Board has released a series of three staff presentation videos focused on implementing the monitoring and remediation process under QC 1000, A Firm’s System of Quality Control.
Auditing March 18, 2025
IIA Makes Recommendations on Development of Artificial Intelligence Action Plan
The IIA emphasized the importance of establishing clear and measured safeguards governing AI applications, noting the significant impact the technology will have on Americans.
Auditing March 17, 2025
AICPA Names Creps New Chair of Auditing Standards Board
Catherine “Halie” Creps, a partner in KPMG’s Department of Professional Practice, will assume her duties at the end of May.
Auditing March 13, 2025
PCAOB Releases New Resource for Auditors on Form AP
The Public Company Accounting Oversight Board posted the newest edition of its "Audit Focus" series, this time putting the spotlight on Form AP, which registered accounting firms are required to file to disclose key information specific to the audit.
Auditing March 12, 2025
Ex-BF Borgers Partner’s Bad Auditing Judgment Results in $15,000 Fine From the PCAOB
Jaslyn Sellers was found by the PCAOB to have committed "significant audit failures" in her role as engagement partner in consecutive audits of NetSol Technologies Inc. for the fiscal years ended June 30, 2021, and June 30, 2022.
Accounting March 11, 2025
Report Shows the Value of Strategy Plus Increasing Responsibility for Internal Audit Leaders
Internal audit functions that are more strongly aligned with overall organizational strategy are more likely to have sufficient funding.
Auditing March 10, 2025
New Report Reveals the Value of Strategy Plus Increasing Responsibility for Internal Audit Leaders
Internal audit functions that are more strongly aligned with overall organizational strategy are more likely to have sufficient funding.
Auditing March 6, 2025
The Institute of Internal Auditors Opens Third-Party Topical Requirement for Public Comment
The Topical Requirements are a key element of The IIA’s broader International Professional Practices Framework, alongside the Global Internal Audit Standards and Global Guidance.
Auditing February 27, 2025
PCAOB Quizzes Auditors on New Confirmation Standard
This latest knowledge check, or informal quiz, highlights various aspects of the new confirmation standard, which was approved by the PCAOB in September 2023.
Auditing February 27, 2025
Being Uncooperative During an Inspection Lands Audit Firm Partner in Hot Water With the PCAOB
Natalie Murphy, a now former audit partner at Heaton & Co., was censured and fined $50,000 by the Public Company Accounting Standards Board for violating U.S. auditing rules and standards, including failing to cooperate with an inspection.
Auditing February 26, 2025
PCAOB Cranked Up Enforcement Activity in 2024
Total monetary penalties levied by the Public Company Accounting Oversight Board set a new record for the third consecutive year in 2024 as the number of enforcement actions reached levels not seen since 2017, according to a new report released on Feb. 26 by Cornerstone Research.