Auditing
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North Texas Has 5 of the 15 Fastest-Growing Small U.S. Cities
Mortgage Rates Drop to 7.02%
IRIS Acquires Utah-Based Swipeclock
Sales Tax Exemption Certificate Management Remains a Risk Factor for Many Businesses
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
A new survey conducted by Protiviti and The Institute of Internal Auditors (IIA) reveals which risks are keeping IT auditors up at night.
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.
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.
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.
FloQast Launches New Solutions at User Conference
These additions are designed to both improve the way accounting teams work and enhance their professional development.
IRS Promises Fewer Audits of EITC Claims
After years of auditing some taxpayers with lower incomes at higher rates, the commissioner of the IRS said that will change.
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.