Audit

A string of high-profile scandals have pushed the work of the world’s biggest auditors back into the spotlight.

The congressional group took the unusual step of backing a candidate, law firm partner Erica Williams, to head the audit overseer.

While tax residency rules vary from state to state, changing residency generally requires a concurrent determination of domicile.

The Securities and Exchange Commission charged Ernst & Young, one of its current partners, and two of the firm’s former partners Monday with violating auditor independence rules and improper professional conduct.

A federal judge in San Francisco ruled in favor of PricewaterhouseCoopers in a case involving a former employee who sued PwC for firing him after he complained about conflicts of interest among audit clients.

Former Treasury officials say both parties should agree to increase money for the agency.

Having accountants involved seems to lower costs and result in fewer restatements.

The U.K.’s industry regulator said it was “unacceptable” that for the third year running the accounting firm’s work wasn’t up to scratch.

The Institute of Internal Auditors unveiled an IT General Controls Certificate Program on Thursday to train auditors on how to weigh technology risks, controls, programs, compliance, and policies.

The hospital operator’s founder said the firm enjoyed a “deep and cozy” relationship with executives at the troubled company.