Audit & Accounting

The Public Company Accounting Oversight Board has issued a pair of new proposals: to strengthen its requirements for an auditor’s use of the work of specialists, and for auditing accounting estimates such as fair value measurements.

The new model includes discussion of 'critical audit matters,' the length of the auditor's tenure, and new standardized language and formatting.

The Institute and their Assurance Research Advisory Group (ARAG) will provide up to $15K of funding to winners.

Prof. J. Edward Ketz's commencement address at Penn State offers lessons for all young accountants.

A legal mindset may be behind managers' poor financial reporting habits.

Taking a ‘Radical’ firm to the next level requires agility.

Wealth Magnets: The Top 150 Firms by AUM

The Center for Audit Quality's program has now funded over $600K in projects.

Audit firms in particular have the core strengths needed to help companies evaluate their security risk.

Companies should begin to plan now how to incorporate the new standards and update procedures for the Financial Accounting Standards Board’s accounting updates on two significant topics: revenue recognition and lease accounting.