Audit preparation

PCAOB sanctions Canadian firm over noncooperation with inspections

The merger between BKD and DHG put their combined firm at the top of the roster.

There were signs of improvement in terms of audit engagements and quality control systems.

Gary Gensler has been encouraging the PCAOB to update more of the standards to take into account the way firms are working today.

A 61% majority of ESG assurance services were performed by accounting firms, but there was substantial variation among different countries.

The AICPA and NASBA are laying the groundwork for a major overhaul, with some content moving to new sections.

The Institute of Internal Auditors unveiled new research during its annual international conference in Chicago this week pointing to changes in the internal audit profession worldwide.

The Financial Reporting Council said that four of the eight audits reviewed at Mazars and five of 12 audits at BDO required more than limited improvements.

Audits of sportswear retailer failed to highlight possible related party, inventory and website sales risks.

Progress hinges in part over the scope of redactions in audit work papers of Chinese companies.