Auditing News
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.
PCAOB Issues Guidance for Broker-Dealer Auditors
The Public Company Accounting Oversight Board has released staff guidance to help auditors of brokers and dealers registered with the Securities and Exchange Commission to plan and perform audits in accordance with PCAOB standards as mandated by the Dodd-Frank Act and SEC rules. Read more »
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AICPA Amends Standards on Comfort Letters to Underwriters
July 28, 2014The American Institute of CPAs’ Auditing Standards Board has amended its standards for... Read more »
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KPMG, Marcum Lead Pack in New Audit Clients for Q2
July 24, 2014Among large firms, KPMG and Marcum LLP tied for the most new Securities and Exchange Commission... Read more »
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Study Finds Financial Restatements Declined after Sarbanes-Oxley
July 24, 2014Financial restatements declined substantially in the decade after the passage of the... Read more »
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IIA Sees Need for Public Sector Audit Committees
July 21, 2014The Institute of Internal Auditors wants more public sector entities to establish independent... Read more »
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PCAOB Strikes Deal with Denmark for Overseeing Audits
July 18, 2014The Public Company Accounting Oversight Board has entered into a cooperative arrangement with the... Read more »
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Ernst & Young Settles SEC Charges for $4 Million for Lobbying
July 14, 2014Ernst & Young has agreed to pay $4 million to settle charges brought by the Securities and... Read more »
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ACL Offers Audit Tool for Excel
July 11, 2014ACL has introduced an add-in tool for Microsoft Excel aimed at auditors and compliance... Read more »
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Ventas Dismisses Ernst & Young as Auditor Due to Inappropriate Personal Relationship
July 10, 2014The real estate investment trust Ventas has dismissed Ernst & Young as its auditor after E&Y... Read more »
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IIA Names Global Chairman and Board
July 9, 2014The Institute of Internal Auditors has elected PricewaterhouseCoopers partner Anton van Wyk, a... Read more »
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Protiviti Updates Internal Auditing Publication
July 8, 2014Protiviti has released the 10th anniversary edition of its Internal Auditing around the World... Read more »
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IIA Offers New Qualification in Internal Audit Leadership
July 8, 2014The Institute of Internal Auditors has introduced a new Qualification in Internal Audit... Read more »
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PCAOB Disciplines Former PwC Partner for Audit Failures
July 7, 2014The Public Company Accounting Oversight Board announced a settled disciplinary order Monday... Read more »
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IIA Report Urges Internal Auditors to Add More Value
July 7, 2014The Institute of Internal Auditors released a new report at its international conference in... Read more »
