Audit standards

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

The American Institute of CPAs’ Auditing Standards Board issued an attestation standard for when auditors perform examination engagements with clients.

The Public Company Accounting Oversight Board imposed a $250,000 penalty on Marcum LLP and its Marcum Bernstein Pinchuk unit over audits of Chinese companies.

KPMG is already starting to use the new standards to improve audit quality globally.

COVID-19 doesn’t seem to be having an impact on such disclosures, according to a report from Ernst & Young.

It doesn’t need to be an oxymoron.

The Public Company Accounting Oversight Board updated its research and standard-setting agendas.

An inside look at SAS 142, which aims to help bolster this critical tool in the auditor's toolkit.

American Institute of CPAs chief auditor Bob Dohrer and AICPA Auditing Standards Board chair Tracy Harding discussed the AICPA’s progress on some recent audit and attest standards during the Engage 2020 online conference Monday.

No matter how perfect the partnership between an audit firm and client may seem, sometimes the partnership doesn’t work out.