Audit preparation

PricewaterhouseCoopers has been focusing on auditing under a new PwC US assurance leader, Deanna Byrne, who began the job in July.

Researchers found that auditors with greater honesty-humility are more likely to prioritize professional integrity and report financial infractions.

The Public Company Accounting Oversight Board released guidance on the remediation process for auditing firms with deficiencies in quality control.

The PCAOB's aggressive enforcement agenda overshadows the profession's achievements.

The unexpected demise of an audit firm proved to be a boon for many small auditors.

Auditor independence is an area of common deficiencies year after year, according to PCAOB inspections.

The Public Company Accounting Oversight Board staff released a report Monday on last year's banking crisis.

KPMG US has established an independent advisory committee to improve its audits amid tougher inspections and enforcement.

A new set of inspection reports of the most frequently inspected firms has been released earlier than usual.

The PCAOB issued its annual report on its audits of brokers and dealers and noted that it's seeing at least one deficiency in 70% of the 103 audit engagements it reviewed in 2023.

Going concern opinions have slowly decreased over the last two decades, with the exception of spikes during the 2008 financial crisis and the years of the COVID-19 pandemic.

The Big Four firm netted the most new SEC audit clients in the first quarter, followed closely by Deloitte.

The role of the internal auditor is expected to change drastically in the decade to come, according to a new report by the Institute of Internal Auditors.

The Public Company Accounting Oversight Board levied sanctions against firms in the U.S., Canada and the United Arab Emirates for violating various rules and standards.

The Public Company Accounting Oversight Board's amendments will make it easier to hold auditors accountable for violations, among other things.

The Public Company Accounting Oversight Board levied sanctions and $150,000 in penalties against L&L CPAs and three of its auditors.

China may suspend some of the global auditor's local operations over its role in one of the nation's biggest alleged financial fraud cases.

Traditional audits may hinder business growth potential as accounting firms are slow to embrace modern approaches, according to an Inflo report.

The Public Company Accounting Oversight Board has levied a $400,000 fine against MaloneBailey and sanctioned the auditingfirm for pervasive quality violations.

These investment vehicles present obstacles that require a deep understanding of the real estate industry and robust financial expertise.