Accounting August 18, 2023
SEC Fines Crowe U.K. $750,000 For Poor Auditing of Music Streaming Service
In addition, Crowe U.K. CEO Nigel Bostock will pay a $25,000 penalty and senior auditor Matthew Stallabrass will fork over $10,000.
Auditing August 17, 2023
PCAOB Sees Glut of Faulty Broker-Dealer Audits
More than half of the audits of brokers and dealers inspected by the PCAOB last year had mistakes, according to a new report.
Accounting August 15, 2023
SEC Addresses Some of IIA’s Recommendations in Cybersecurity Risk Management Rule
The final rule, “Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure,” requires greater transparency when organizations experience cyberattacks.
Auditing August 15, 2023
PCAOB Has Handed Out a Slew of Punishments to Audit Firms Recently
The audit watchdog doled out sanctions to 12 accounting firms from July 28 to Aug. 11 for breaking various auditing rules.
Accounting August 10, 2023
Grant Thornton Appoints New Leaders to Audit Quality & Risk Leadership Team
Kendra Decker and Graham Dyer to help drive firm’s continued commitment to audit quality.
Auditing August 9, 2023
Which Firm Had the Most IPO Audit Clients In Q2 2023?
In total, 15 different accounting firms audited the 34 newly listed companies in the second quarter.
Accounting August 9, 2023
AuditClub Unveils AuditClub Ally to Align Audit and Accounting Professionals
The new alliance model is designed to connect tax and non-attest accountants with AuditClub One assurance professionals to improve service delivery options to clients.
Auditing August 8, 2023
Accounting Firms Are Messing Up on Audits at an Unacceptable Rate, Says PCAOB Chair
A new report shows a year-over-year increase in the number of audits with deficiencies at firms that the PCAOB inspected in 2022.
Accounting August 4, 2023
The Accounting Technology Lab Podcast – Audit Technology and Data – August 2023
Technologists Randy Johnston and Brian Tankersley, CPA, talk with Jeff Gramlich of Validis about changes in audit technology and the role of data.
Accounting July 21, 2023
Grant Thornton Names 75 New Partners, Principals and Managing Directors
By service line, audit accounts for the largest number of promotions (40%), followed by tax (28%), advisory (28%), and internal services (4%).
Accounting July 20, 2023
Want to Search PCAOB Inspection Reports By How Many Screw-Ups an Audit Firm Made? You Can Now Do That
Investors and other users can now easily filter more than 3,700 PCAOB inspection reports by audit deficiency rate and more.
Accounting July 19, 2023
HubSync Unveils Gateway: Redefining Client Experience for Audit and Tax Professionals
Gateway offers real-time status reporting and customizable set-ups for internal, corporate, and individual clients, ensuring 360-degree visibility regardless of size, complexity, or location.