PCAOB

The framework aims to help more firms spell out how they're working to improve their auditing services.

The American Institute of CPAs’ Auditing Standards Board voted to issue a final version of its Statement on Auditing Standards, Omnibus Statement on Auditing Standards—2019, to align its guidance more closely with that of the Public Company Accounting Oversight Board.

The updates will be effective for audits of financial statements for fiscal years ending on or after Dec. 15, 2020.

The International Auditing and Assurance Standards Board has called for qualified, senior applicants from around the world to apply by Jan. 31, 2019.

The Public Company Accounting Oversight Board has been pilot testing its upcoming requirements for auditors.

The $273.7 million budget represents a 5 percent increase from last year.

Megan Zietsman will assume her role with the Public Company Accounting Oversight Board in early 2019.

The new publication aims to help auditors deal with the CAMs section that will soon be required under a new auditing standard.

The Public Company Accounting Oversight Board, with a new set of board members this year, approved a strategic plan for 2018-2022 on Thursday, along with a fiscal year 2018 budget.

The Public Company Accounting Oversight Board is planning extensive changes in how it inspects firms and interacts with financial statement preparers.