Audit News from Accounting Today

With major mergers, the Top 10 Firms topped the list of new Securities and Exchange Commission Engagements in the second quarter.

The Public Company Accounting Oversight Board postponed the effective date for QC 1000, A Firm's System of Quality Control, as well as other standards, rules and forms, by one year.

The Public Company Accounting Oversight Board formed an advisory group of professionals from smaller audit firms.

The Institute of Internal Auditors expressed its opposition to efforts to slash the funding of the Government Accountability Office nearly in half.

The Public Company Accounting Oversight Board is accepting nominations for members of its Investor Advisory Group and Standards and Emerging Issues Advisory Group.

For internal auditors, AI is not just another tool. It's becoming a competitor in the race for relevance.

The International Auditing and Assurance Standards Board posted new documents to help jurisdictions implement its recent standard on sustainability assurance.

The Internal Revenue Service is starting to give taxpayers access to the memo from IRS Appeals Officers about why a decision was made for or against them.

Many firms try to use their existing quality control document as a starting point for a quality management system, but there's a better approach.

To those who might remember this column that ran for more than 20 years, and to those who don't, it took something especially egregious to bring me back.

The top Democrat on the Senate Finance Committee wants information about whether the IRS has done any audits or investigations of Epstein's tax planning work.

U.S. public companies lost an average of 1.06% of their annual revenue to known frauds last year, amounting to billions of dollars, according to a new report.