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 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 June 27, 2023
PCAOB Looks to Add Rules for Auditors on Technology-Assisted Analysis
The proposal would update parts of existing PCAOB standards relating to audit evidence and auditors' responses to risk.
Accounting June 21, 2023
Marcum Fined $10M by SEC and $3M by PCAOB for Shoddy Quality Controls in SPAC Audits
The top 20 firm also must make functional changes to its supervisory structure related to its system of quality control.
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.