Audit & Accounting

The Institute of Internal Auditors is calling on Congress to "modernize" the Sarbanes-Oxley Act of 2002 by adding provisions related to internal auditing.

While Xero has spent years adding AI features, this is the year it intends to spread the technology throughout the core of its product.

The report highlights the PCC's accomplishments and activities from the year, its agenda priorities, stakeholder engagement and strategy moving forward.

Undercover investigators found pervasive incompetence, fraud and significant errors among a sample group of non-credentialed tax preparers in half a dozen states.

The bills would remove the 150 credit-hour requirement and replace it wth three new pathways.

The Audit Practitioner Fellowship Program will allow auditors to share their expertise with PCAOB staff.

Law firms and reporting accountants would join sponsors in the public spotlight if a filing fails to meet basic standards.

PCC chair Jere Shawver is on a mission to increase awareness of the group that represents the perspectives of privately held companies on accounting standards.

The Canadian Public Accountability Board published individual auditing firm inspection reports for the first time, marking a significant milestone.

The profession needs to engage seriously with whether the binary audit opinion remains the right product for the public interest it is meant to serve.