Accounting September 3, 2025
The AICPA has updated its digital assets practice aid by providing practical guidance to practitioners on auditing crypto lending and borrowing transactions.
Auditing August 28, 2025
The Public Company Accounting Oversight Board said the effective date for its new quality control standard—QC 1000, A Firm's System of Quality Control—which was slated for Dec. 15 of this year, will be pushed back until Dec. 15, 2026.
PCAOB August 26, 2025
The expert panel will advise Public Company Accounting Oversight Board staff on the unique needs and experiences of smaller audit firms.
Technology July 16, 2025
Deloitte has rolled out a series of new artificial intelligence capabilities within its global cloud-based audit and assurance platform, Omnia, designed to evolve the audit process.
Auditing July 15, 2025
The three firms censured and fined by the PCAOB on July 11 for violating U.S. auditing rules and standards were Goldman & Co. CPAs ($25,000), Raymond Chabot Grant Thornton in Canada ($30,000), and PWR CPA ($60,000).
Auditing July 7, 2025
This edition of "Audit Focus" highlights key reminders for auditors of small public companies or brokers and dealers on engagement acceptance and why it's a critical part of the audit process.
Accounting July 7, 2025
The proposed Statement on Auditing Standards contains a number of changes, including the establishment of required procedures for when an auditor has identified fraud or suspected fraud.
Auditing June 25, 2025
The Netherlands-based affiliates of Deloitte, PwC, and EY were found to have violated U.S. auditing rules and quality control standards related to internal exam cheating and inefficient monitoring of their quality control systems.
Accounting June 17, 2025
A decades-long shortage of accountants is coming to a head in New Mexico, presenting an ultimatum for leaders: modernize the field or face disruptive financial consequences.
Auditing May 21, 2025
Auditing accounting estimates is the topic of the latest edition of "Audit Focus," a series of PCAOB publications that aims to provide easy-to-digest information to auditors.
Auditing May 21, 2025
The new credential is designed to meet the needs of IT auditors who are facing an evolving tech and compliance landscape with artificial intelligence at the forefront, the ISACA says.
Auditing May 15, 2025
The Public Company Accounting Oversight Board released a new publication on May 15 that highlights the results of conversations that board staff had with audit committee chairs of U.S. public companies and broker-dealers last year.