Audit & Accounting

Two senior executives at Botswana supermarket chain Choppies Enterprises Ltd. are suing former auditors PwC for 653 million rand ($40 million) for not signing off on the company’s 2018 accounts, which led to a share price collapse.

Every accounting firm website shows a full range of services, all with great descriptions. But who is actually driving those services?

Companies are continuing to increase the level of audit committee disclosures in their proxy statements, according to a new report from the Center for Audit Quality and Audit Analytics.

BKD promotes 65; EY appoints two office managing partners; and more CPA news.

Disclosures in financial statements and SEC filings about the current and potential impacts of COVID-19 are a major concern.

The Public Company Accounting Oversight Board released a preview Thursday from its staff about its findings from inspections of audit firms last year ahead of the issuance of its 2019 inspection reports.

Chuck Schumer and Ron Wyden have asked internal watchdogs to investigate whether there’s been political interference in audits of the president's returns.

The Institute of Internal Auditors has introduced a new framework for the professional development of internal auditors.

A pair of academic studies casts doubt on the value of mandatory rotation of auditing firms and lead engagement partners.

The document discusses some considerations involving the use of specialists when auditing financial statements during the pandemic.