Audit standards

The board proposed revisions to its current going concern standard with the goal of improving transparency and consistent practices.

A new report reminds auditors of the need to critically assess their own firm's capabilities and get a better understanding of the company they're auditing.

IOSCO is encouraging the development of a more global assurance framework for sustainability-related corporate reporting.

The Public Company Accounting Oversight Board voted to update a group of old interim standards it inherited from the AICPA in 2003.

The boards are moving to a new oversight body called the International Foundation for Ethics and Audit.

The board warned investors to exercise caution when it comes to the so-called "proof of reserve" reports that some cryptocurrency companies have been touting.

The Big Four firm was hit with a $6.6 million fine by the U.K.'s audit watchdog over serious failures for its work on Babcock International Group's books in 2017 and 2018.

The institute released for public comment a draft of the proposed changes it wants to make to its International Professional Practices Framework.

The International Ethics Standards Board for Accountants released a final set of revisions to its standards for conducting group audits, strengthening and clarifying the independence requirements.

The Institute of Internal Auditors will soon be unveiling extensive changes in its standards, including a name change.