Audit standards

GT's new group arrives only a week after Ernst & Young made a similar move.

The Public Company Accounting Oversight Board's 2017 report on the Big Four firm shows a number of continuing deficiencies.

EY will get advice from luminaries from the Public Company Accounting Oversight Board, the Financial Accounting Foundation and Vanguard.

The American Institute of CPAs’ Auditing Standards Board voted to issue a final version of its Statement on Auditing Standards, Omnibus Statement on Auditing Standards—2019, to align its guidance more closely with that of the Public Company Accounting Oversight Board.

Section 404(b) of the Sarbanes-Oxley Act of 2002, which requires public companies to undergo annual audits of the adequacy of their internal controls over financial reporting, appears to be supported by investors who want newly acquired companies to be audited as well, according to a new study.

The client collapsed after it was discovered to have $100 million in unpaid payroll tax liabilities.

The updates will be effective for audits of financial statements for fiscal years ending on or after Dec. 15, 2020.

The International Auditing and Assurance Standards Board has called for qualified, senior applicants from around the world to apply by Jan. 31, 2019.

The Public Company Accounting Oversight Board has been pilot testing its upcoming requirements for auditors.

The U.K. Competition and Markets Authority's proposals should succeed in improving the quality of scrutiny while acknowledging a major conflict of interest in auditing.

Megan Zietsman will assume her role with the Public Company Accounting Oversight Board in early 2019.

Hiring shortfalls and disruptive technologies will be among the main topics of discussion in boardrooms in 2019.

The new publication aims to help auditors deal with the CAMs section that will soon be required under a new auditing standard.

The American Institute of CPAs’ Auditing Standards Board voted to issue a long-awaited standard on audits of financial statements of employee benefit plans, although it is still awaiting some details before the standard takes effect.

New research finds that national and regional firms are catching up to the New York giants in terms of technology adoption and deployment in audits.

The changes to the financial statement audit will be shaped by four factors: technology, methodology, standards and skills.

The International Auditing and Assurance Standards Board has released a revised standard for auditing accounting estimates and several related disclosures.

As technology infiltrates the auditing process, auditors must be sure to maintain and cultivate this core attribute.

Martin Baumann has been appointed as the new chair of the International Auditing and Assurance Standards Board.

Grant Thornton's Mike Santay shares what's new at the Auditing Standards Board, and what's to come.