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 September 26, 2023
BDO USA was fined $2 million and two of the firm’s partners were fined a total of $60,000 for failures in the 2017 audit of AAC Holdings.
Auditing September 19, 2023
The proposal would hold auditors and others more accountable when they negligently cause their firm to violate auditing standards.
Accounting Technology Lab Podcast August 4, 2023
Technologists Randy Johnston and Brian Tankersley, CPA, talk with Jeff Gramlich of Validis about changes in audit technology and the role of data.
Accounting June 27, 2023
The proposal would update parts of existing PCAOB standards relating to audit evidence and auditors' responses to risk.
Auditing June 7, 2023
The PCAOB wants auditors to get tougher detecting noncompliance with laws and regulations, including fraud, in public company audits.
Auditing May 22, 2023
The audit regulator revised its standard-setting agenda to include four new projects—two considered short-term and two mid-term.
Accounting March 9, 2023
Feedback from the public comment period will inform the continued development of the new Standards. The final Standards will be issued in late 2023 and take effect 12 months after release.
Auditing January 5, 2023
Proposal would replace an interim standard that has not changed substantially since 2003.
Auditing November 21, 2022
The PCAOB plans to take a five-pronged approach to updating its quality control rules.
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Auditing October 12, 2022
Modernizing auditing standards is one of four goals identified in the board’s draft five-year strategic plan.
June 22, 2022
The Public Company Accounting Oversight Board (PCAOB) voted unanimously to amend current auditing rules and introduced a new standard on June 21 pertaining to an audit firm’s use of so-called “other auditors” who lend a hand during the course of an audit.
March 17, 2021
AICPA News is a round-up of recent announcements from the American Institute of CPAs.