Auditing August 20, 2026
A new standard that clarifies and enhances auditors’ responsibilities for identifying fraud or suspected fraud in a financial audit statement was approved by the AICPA's Auditing Standards Board on Aug. 20.
Auditing October 24, 2024
The resources include a practice aid, comparison document, and a webinar related to the implementation of QC 1000.
Auditing September 25, 2024
Four firms were caught up in an enforcement sweep, while the fifth firm was sanctioned for failing to timely file PCAOB Form 3.
Auditing September 17, 2024
The firm also agreed to settle auditor independence charges, as well as for aiding and abetting clients' violations of securities laws.
Auditing September 17, 2024
Instances of auditor independence noncompliance at firms "increased significantly" during the PCAOB's 2023 audit inspection cycle.
Auditing September 10, 2024
Nearly three weeks after approving a batch of new PCAOB standards, the SEC Sept. 9 OK'd another new rule, this time on quality control.
Accounting July 11, 2024
Released by the Institute of Internal Auditors (The IIA), the Global Internal Audit Standards are designed to equip internal audit professionals to respond to emerging business challenges and engage with board members and executives as strategic partners for their organizations.
Auditing June 25, 2024
Vancouver-based De Visser Gray was sanctioned for failing to comply with U.S. quality control standards from April 2019 to January 2024.
Auditing June 25, 2024
KKM CPA Associates in New York and the BDO affiliate firm in the United Arab Emirates were fined $25,000 and $20,000, respectively.
Auditing June 17, 2024
The revised rules provide detail and clarity for auditors when performing procedures using technology-assisted analysis.
Auditing June 13, 2024
The proposal issued by the board June 12 would replace an interim standard that hasn't changed significantly since 1989.
Auditing June 13, 2024
Individuals face possible sanctions when they negligently, directly, and substantially cause their firm to break PCAOB rules.
Auditing June 10, 2024
The firm and three people were sanctioned for violations related to quality control, auditing failures, and missing Form AP deadlines.