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Auditing

Here’s Who’s Serving on the PCAOB’s Inspections Modernization Council

PCAOB July 9, 2026 

Here’s Who’s Serving on the PCAOB’s Inspections Modernization Council

The Public Company Accounting Oversight Board on Thursday revealed the names of the 12 people who will serve on its new Inspections Modernization Council.

Featured Articles

July 9, 2026  

U.S. Judge Allows SEC-Musk Deal Despite ‘Significant Misgivings’

July 6, 2026  

AuditFile Launches E-Signatures, the Newest Addition to Its Agentic Audit Suite

July 1, 2026  

For Crucial Federal Agencies, the Veneer of Independence is Stripped Away

June 30, 2026  

Clients Who Wait for a Financial Audit Notice Pay Far More Than the Engagement Fee

June 29, 2026  

Stacey Schabel Named Global Board Chair of the Institute of Internal Auditors
cpacom 2018 5b73195a5a1b6

Accounting October 31, 2023 

Dynamic Audit Solution Sees Growth in Use

Powered by transformative methodology developed by the AICPA, in partnership with leading firms and audit practitioners.

Isaac M. O'Bannon

AuditBoard Announces AI and Analytics Capabilities

ESG October 30, 2023 

AuditBoard Announces AI and Analytics Capabilities

AuditBoard has added new capabilities purpose-built to enable teams to automate critical workflows, surface key strategic insights, and stay on top of proliferating risks.

Isaac M. O'Bannon

PCAOB Report Highlights Rising Audit Deficiencies Related to Engagement Quality Reviews

Accounting October 24, 2023 

PCAOB Report Highlights Rising Audit Deficiencies Related to Engagement Quality Reviews

In addition to covering recent trends in audit deficiencies related to EQRs, the staff report provides good practices and reminders for auditors so they can avoid such deficiencies.

Isaac M. O'Bannon

Specialized Audit Skills are Needed for Climate Transition

Auditing October 20, 2023 

Specialized Audit Skills are Needed for Climate Transition

Skilled auditors will be central to driving robust sustainability reporting practices, the integration of ESG factors into financial reporting, maintaining ethical standards, and assurance and verification.

KPMG U.K. Fined a Record £21 Million Over Carillion Audit Scandal

Auditing October 12, 2023 

KPMG U.K. Fined a Record £21 Million Over Carillion Audit Scandal

Big Four firm's audit failings were “exceptional,” the U.K. Financial Reporting Council said in a notice on Oct. 12.

IT Auditors See Cyber Risks, Data Privacy and Talent Shortages as Top Challenges

Firm Management October 10, 2023 

IT Auditors See Cyber Risks, Data Privacy and Talent Shortages as Top Challenges

A new survey conducted by Protiviti and The Institute of Internal Auditors (IIA) reveals which risks are keeping IT auditors up at night.

Isaac M. O'Bannon

PCAOB Reaches Rule-Making Milestone Under Erica Williams’ Administration

Auditing October 4, 2023 

PCAOB Reaches Rule-Making Milestone Under Erica Williams’ Administration

The new standard on confirmations is the first project the board saw through from start to finish with Williams as PCAOB chair.

Jason Bramwell

AICPA Launches Quality Management Practice Aid for Accounting and Auditing Practices

Accounting September 28, 2023 

AICPA Launches Quality Management Practice Aid for Accounting and Auditing Practices

The practice aid is among numerous resources the AICPA provides to help firms successfully implement the QM standards.

Isaac M. O'Bannon

BDO USA, Two Audit Partners Tagged with Fines for Breaking PCAOB Rules

Auditing September 26, 2023 

BDO USA, Two Audit Partners Tagged with Fines for Breaking PCAOB Rules

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.

Jason Bramwell

floqast-logo

Accounting September 26, 2023 

FloQast Launches New Solutions at User Conference

These additions are designed to both improve the way accounting teams work and enhance their professional development.

Isaac M. O'Bannon

Total Audit Fees Paid by S&P 500 Clients Reached All-Time High in FY 2022

Auditing September 20, 2023 

Total Audit Fees Paid by S&P 500 Clients Reached All-Time High in FY 2022

However, the nearly 4% increase in audit fees over FY 2021 was less than the year-over-year inflation rate in 2022 of 6.5% in the U.S.

Jason Bramwell

Great Resignation Turns Into the Great Stagnation for the Big Four Firms in the U.K.

Accounting September 20, 2023 

Great Resignation Turns Into the Great Stagnation for the Big Four Firms in the U.K.

Britain’s accountants, auditors and advisers are clinging to their jobs, nervous that their negotiating power has sharply dropped.

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