Auditing
Check here for news on auditing firms, the Big Four, trends in the audit profession, auditing standards, and public company audit firm regulators like the PCAOB and standard-setters like the IAASB.
IAASB Finalizes Standards for Improving Audit Reports
The International Auditing and Assurance Standards Board has released newly revised standards for overhauling auditor reports, with the goal of enhancing the auditor’s report for investors and other financial statement users. Read more »
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AICPA Issues Guidance on Going Concern and Nonprofits
January 26, 2015The American Institute of CPAs has released guidance to help CPAs deal with accounting issues... Read more »
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Mergers Help BDO, BTVK Top Q4
January 25, 2015Major M&A put two large firms in the lead for new SEC clients. Read more »
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IAASB Proposes Changes for Auditor Reporting on Special Purpose Financial Statements
January 23, 2015The International Auditing and Assurance Standards Board has issued proposals aimed at improving... Read more »
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Sainsbury Ends Two-Decade Tie with PwC as EY Named Auditor
January 16, 2015Mandatory audit firm retendering leads U.K. grocery chain to change auditors after 20 years. Read more »
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PCAOB Revamps Standard-Setting Agenda
January 9, 2015The Public Company Accounting Oversight Board has updated its standard-setting agenda after... Read more »
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Munger's Daily Journal to Restate Results after Changing Auditor
January 2, 2015Daily Journal Corp., the publisher that counts billionaire Charles Munger as chairman, said it... Read more »
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The Spirit of Accounting
January 1, 2015'Zero to One' innovation in private company accounting: Simplifying or amplifying? Read more »
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IASB, FASB Look Beyond Convergence
January 1, 2015Board leaders speak out at a recent conference Read more »
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Audit, the Last Line of Defense
December 24, 2014Internal audit as a line of defense against inappropriate levels of risk is a time-honored... Read more »
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IAASB Sets New Strategy and Work Plan for Audit Quality
December 24, 2014The International Auditing and Assurance Standards Board has released a strategy and work plan... Read more »
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FASB Issues Guidance for Private Cos. on Intangible Assets in Biz Combos
December 23, 2014The Financial Accounting Standards Board has released guidance to improve the way private... Read more »
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The Virtues of Mandatory Audit Rotation
December 23, 2014In early 2014, the Public Company Accounting Oversight Board in the U.S. announced that it was... Read more »
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PCAOB Settles with Grant Thornton Japan Partner
December 17, 2014The Public Company Accounting Oversight Board announced a settled disciplinary order Wednesday... Read more »
