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 June 7, 2023
PCAOB Turns Up the Heat on Auditors to Find Fraud
The PCAOB wants auditors to get tougher detecting noncompliance with laws and regulations, including fraud, in public company audits.
![NJCPA[1]](https://www.cpapracticeadvisor.com/wp-content/uploads/2022/07/35479/NJCPA_1_.5db9977ebc769.png)
Accounting June 1, 2023
New Jersey Society of CPAs Names WithumSmith+Brown Partner as President for 2023-2024
O’Connell has been active at the NJCPA since joining in 1997 and has served as Secretary and Trustee.
Accounting May 25, 2023
AuditClub Announces New Quality Management Subscription
AuditClub Compass is a customized three-phase subscription journey built on a risk-based and scalable approach to quality.
Auditing May 22, 2023
PCAOB Has a Batch of New Projects in the Works
The audit regulator revised its standard-setting agenda to include four new projects—two considered short-term and two mid-term.
Auditing May 2, 2023
Independence Gets Its Own Spot in PCAOB Audit Inspection Reports
A brand-new section debuted today in PCAOB inspection reports of audit firms, and it is devoted to auditor independence.
Auditing April 26, 2023
PCAOB Says Firms Are Screwing Up SPAC Audits
Over the last couple of years, PCAOB inspectors have observed high rates of deficiencies on SPAC audits.
Auditing April 26, 2023
PCAOB Highlights Priorities for 2023 Audit Inspections
Inspectors will take a closer look at audits that include risks related to digital assets, fraud, and financial services.
Accounting April 21, 2023
Five Ways to Help Clients Maintain Accuracy in Financial Reporting
The future of financial reporting will show an increased use of automation and artificial intelligence to improve the efficiency and accuracy of an organization’s checks and balances.
Accounting March 31, 2023
Financial Accounting Standards Advisory Council Meeting Recap
The FASB chair provided highlights on FASB activities, and the SEC and PCAOB staff members commented on current issues and activities.
Accounting February 9, 2023
AuditFile Partners with AuditClub for Audit Efficiency and Quality
New AuditFile software feature helps firms connect with AuditClub fractional auditors to complete audits and reviews under tight deadlines
Accounting February 7, 2023
IIA Opposes New PCAOB Standard Proposal’s Anti-Internal Auditor Language in Comment Letter
The comment letter notes that the proposed change in the standard is presented without any apparent explanation or evidence for the need for such a change.
Accounting January 18, 2023
The Parallel Problems of Public Accounting & Major League Baseball
After reading former MLB manager Joe Maddon’s recent book, The Book of Joe – cowritten with Tom Verducci –it struck me: The plight of the public accounting industry is not unlike that of Major League Baseball.