Audit

Audit committees at public companies have been upping the amount of disclosures they have been providing in proxy statements, especially when it comes to cybersecurity and non-audit services.

Internal auditors are keeping a close eye on emerging risks as the COVID-19 pandemic continues, with cybersecurity at the top of the priority list.

A research team from Bentley University found that ethnic minority audit partners face significant bias and discrimination compared to their white counterparts.

The Securities and Exchange Commission has appointed longtime SEC official Erica Y. Williams as the new chair of the Public Company Accounting Oversight Board, and named three new members.

With activity up, a number of firms brought on large numbers of new clients, but netted far fewer.

The commission approved a rule to ensure the Public Company Accounting Oversight Board can inspect firms in other countries, especially China.

Most boardroom audit committees around the world don’t discuss climate on a regular basis or consider themselves particularly knowledgeable about the subject.

The trust accountants have earned and the assurance skills they've developed have created a huge range of opportunities.

Ernst & Young issued an audit quality report describing the steps that the Big Four firm is taking to increase auditing quality control.

Average audit fees continued to grow in recent years, increasing nearly 4% from 2019 to 2020 from $2.43 million to $2.52 million, according to a new survey.

The board released its 2020 inspection reports Monday for Deloitte, Ernst & Young, KPMG and PwC, showing mixed results.

Midsized businesses spend 163 hours per month on sales tax compliance, typically costing more than $17,000, according to a new survey.

Deloitte & Touche announced a strategic alliance with audit technology provider AuditBoard in conjunction with AuditBoard’s user conference this week in Los Angeles.

Deficiencies remained high in 2020, according to a new report from the board.

The COVID-19 pandemic has complicated life for Sarbanes-Oxley compliance teams, forcing accountants and auditors to work remotely.

Companies can expect to face seven key pressure points. Here are some considerations to successfully navigate each hurdle.

Technological changes are already making an impact on how auditing firms are carrying out their audits.

The institute released a new standard to help auditors assess the risks of material misstatement.

The Internal Revenue Service’s Tax Exempt and Government Entities division is making plans for next fiscal year in hopes that Congress will provide more funding.