PCAOB

Technological changes are already making an impact on how auditing firms are carrying out their audits.

The board staff issued guidance on some of the considerations auditors should have about the relevance and reliability of information they get from external sources and plan to use as audit evidence.

The board has issued a supplemental call on its proposals surrounding lead auditors’ responsibilities.

The framework will govern how the board determines if it can’t inspect or investigate a foreign accounting firm.

Jackson Johnson of Johnson Global Accountancy shares best practices for auditors facing their overseer -- and for making audits better in general.

The Big Four firm issued its 2021 audit quality report Monday, pointing to progress on auditor independence, along with issues such as diversity and inclusion.

Two members of the Public Company Accounting Oversight Board, Rebekah Goshorn Jurata and Megan Zietsman, jointly announced Monday they plan to resign by Oct. 1, or earlier if new board members are named.

The board reported a decline in the number of firms that had deficiencies last year but the rate is still comparatively high.

The congressional group took the unusual step of backing a candidate, law firm partner Erica Williams, to head the audit overseer.

Despite enhancements already made to audit quality, the audit profession will never rest on its laurels.