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 25, 2025
FloQast Launches Auditable AI Agents
As the talent gap in the accounting and finance profession continues to increase, this first-to-market capability empowers teams to do more with less and evolve from preparers into reviewers, able to focus on strategic initiatives while AI handles repetitive, time-consuming tasks.
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.
Accounting March 19, 2025
SEC OKs 2025 FASB Taxonomies
The SEC approved the 2025 GAAP Financial Reporting Taxonomy and two others, while the FASB finalized two additional taxonomies.
Auditing March 19, 2025
PCAOB Appoints New Members to Advisory Groups
The Public Company Accounting Oversight Board on March 18 appointed new members to two of its advisory groups: the Investor Advisory Group and the Standards and Emerging Issues Advisory Group.
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.
Financial Reporting March 10, 2025
Nasdaq Suffers Worst Day Since 2022
Anxiety that tariffs and government firings will torpedo growth in the world’s largest economy extended a three-week stretch of volatility across global markets.
Auditing March 10, 2025
AuditBoard Adds Advanced AI Capabilities to Internal Audit Platform
AuditBoard's new features enable customers to audit with impactful, industry-trained, generative AI-powered workflows.