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.
May 16, 2017
Overview of SOC 2 Reports and Updated Trust Principle Criteria
A SOC 2 attestation focuses on an organization’s controls in areas such as operations and compliance. It is performed in accordance with AT Section 101: Attest Engagements, and this report is generally best suited for financial services, health care ...
April 21, 2017
Survey Shows Doubt on Value of Mandatory Auditor Rotation
Perhaps no issue in contemporary accounting has drawn more attention than that of mandatory auditor rotation – whether companies should be required, in the cause of sound financial reporting, to periodically change audit firms or audit-firm engagement ...
April 20, 2017
KPMG Dismisses Head of Audit Practice, 5 Others for Conduct
The firm learned in late February, from an internal source, that an individual who had joined KPMG from the PCAOB subsequently received confidential information from a then-employee of the PCAOB, and shared that information with other KPMG personnel.
February 21, 2017
Professionals on the Move – February 21, 2017
A roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
January 17, 2017
AICPA Issues New Revenue Recognition Guide
With companies and not-for-profit entities facing a top-to-bottom review of their revenue recognition because of a looming accounting standard, the American Institute of CPAs (AICPA) has issued the first online edition of an Audit & Accounting Guide ...
October 6, 2016
Alerts Focus on Risk Areas for Upcoming Audit Cycle
The Center for Audit Quality (CAQ) has published two new member alerts that can help public company auditing firms address potential risks in a proactive and accelerated manner.
August 2, 2016
Is Your Firm Really Different Than Your Competition?
Virtually everyone agrees that being able to differentiate your firm is cool. Yet, very few local CPA firms are in fact, different. To be fair, the nature of what CPAs do naturally makes them look more alike than different.
July 19, 2016
AICPA Seeking Assurance Research Proposals
ARAG, a group of practitioners and academics formed in collaboration with the American Accounting Association, will review and approve academic research proposals that address questions with a nexus to the following topics.
July 6, 2016
Houston Accounting Firm to Offer Audit Services to Reg. A+, Tier 2 Companies
Since Reg A+ rules were adopted one year ago, over 100 companies have filed for approval. This number is expected to continue growing as crowdfunding becomes more and more popular.
May 24, 2016
The RIVIO Clearinghouse Is A Game Changer for the Accounting Profession
I've been reporting on the accounting profession since Andersen was in the Big Five, Sarbanes and Oxley were just drinking buddies in DC, Enron was a company where great careers were made, and the PCAOB wasn't even a figment of anyone's imagination.
February 12, 2016
Professionals on the Move – February 16, 2016
A roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
October 8, 2015
Financial Audit Fees Rose 3.4 Percent In Last Year
Fees paid by public and private companies to outside financial auditing firms increased from 3 to 3.4 percent over the last year, according to a report from the Financial Executives Research Foundation.