Auditing March 4, 2026
SEC and PCAOB Enforcement Plummets
In 2025, the SEC brought 68% fewer accounting and auditing actions than in 2024, and the PCAOB finalized 27% fewer actions over the same period, according to Cornerstone Research.
Auditing April 18, 2024
AuditBoard Expands Executive Team to Support Continued Rapid Growth
AuditBoard has brought on public SaaS company veteran Jeff Harper as Chief Human Resources Officer (CHRO) to help scale the organization and infrastructure
Auditing April 17, 2024
AuditFile Introduces Compliance Checklist Tool for 501(c)(3) Organizations
The tool is designed to simplify compliance management for 501(c)(3) organizations, offering an affordable and accessible solution for maintaining regulatory adherence.
Auditing April 11, 2024
PCAOB Really Flexed Its Enforcement Muscles in 2023
Total enforcement activity reached its highest level since 2017 and monetary penalties doubled compared to the record set in 2022.
Auditing April 10, 2024
PCAOB Proposal Would Require Audit Firms to Disclose a Variety of Metrics
The proposal would direct firms to provide more information, like involvement of partners and auditor turnover, to investors.
Auditing April 10, 2024
PCAOB Wallops KPMG Netherlands With Record $25M Fine For Exam Cheating
Rampant cheating on internal training exams occurred from 2017 to 2022 and the firm lied about its knowledge of it, the PCAOB said.
Auditing April 8, 2024
Accounting Firm For Trump Media Has Audit Deficiency History
PCAOB found multiple deficiencies in every audit it reviewed from audit firm BF Borders over the past two annual checks.
Auditing April 4, 2024
PwC Hit With $2.75 Million Fine By PCAOB For Running Afoul of Independence Rules
The order also requires a review of PwC's independence-related quality-control policies and procedures, and extra training.
Auditing April 2, 2024
KPMG U.S. CEO to Chair Center for Audit Quality’s Governing Board
Paul Knopp was elected to the role on April 1, succeeding Tim Ryan, senior partner of PwC in the U.S., as CAQ Governing Board chair.
Artificial Intelligence March 27, 2024
U.S. Agency Calls for Audits of AI Systems to Hold Companies Accountable
The National Telecommunications and Information Administration said March 27 it wants improved transparency into AI systems.
Accounting March 26, 2024
Cast Your Vote for 2024 Readers’ Choice Awards!
The CPA Practice Advisor Readers’ Choice Awards give readers the opportunity to spotlight the technologies they most rely on and trust to manage their firms.
Financial Reporting March 25, 2024
2024 GAAP Taxonomy Approved By SEC
The SEC has accepted the taxonomies on GAAP financial reporting and SEC reporting, the FASB said on March 19.
Auditing March 21, 2024
KPMG China’s Mishaps Result in Three Audit Partners Being Fined By the PCAOB
The three KPMG Huazhen partners were docked a total of $150,000 for turning a blind eye to U.S. auditing standards.