Audit

China and the U.S. should be able to reach an agreement on the auditing dispute, according to a senior executive at China’s top investment bank.

The Committee of Sponsoring Organizations of the Treadway Commission released a new paper Wednesday on uniting COSO’s enterprise risk management framework with “agile” practices in internal auditing and other functions.

The Internal Revenue Service has been increasing its tax audits of the lowest-income wage earners to keep its overall audit numbers from declining, according to a new report.

The Big Four have concluded that business ties to the country are untenable in the wake of its invasion of Ukraine.

The board censured PricewaterhouseCoopers’ Canadian firm and imposed a $750,000 penalty, saying over 1,200 employees shared answers to tests during mandatory training courses.

The record number of companies going public through special purpose acquisition companies and initial public offerings last year could be facing some extra hurdles when it comes to Sarbanes-Oxley rules.

Remote audits have allowed teams to increase efficiencies in the execution of the work.

The Securities and Exchange Commission eased up dramatically on accounting and enforcement activity last year during a period of transition at the SEC, but the Public Company Accounting Oversight Board increased its enforcement amid a shakeup at the PCAOB.

Baker Tilly and Deloitte also had good quarters at the end of 2021.

There are a host of current and potential implementations for artificial intelligence — but a lot of its role in the profession is still being figured out.

Deloitte & Touche chair and CEO Lara Abrash has been watching the Big Four firm’s audit practice changing over the past two years.

Under a commission proposal, funds’ financial statements would need to be audited at least annually.

The collapse of U.K. builder Carillion four years ago is now threatening to inflict more than reputational damage on its former auditor, KPMG.

PricewaterhouseCoopers has expanded its alliance with the cloud-based financial reporting technology company Workiva to handle environmental, social and governance reporting and services.

The Public Company Accounting Oversight Board is once again forming an Investor Advisory Group and starting a new Standards and Emerging Issues Advisory Group after the old board came under sharp criticism for scrapping its outside advisory groups.

EY's Marie-Laure Delarue discusses how accountants can help companies with their ESG reporting, and the formation of the new International Sustainability Standards Board.

With so many complex issues competing for their attention, audit committees can't afford to lose sight of their core oversight duties.

Signs of contagion are rippling through China’s property industry, with a spate of auditor resignations deepening concerns about developers’ financial health.

Eelco van der Enden is planning to work with the nascent board, while maintaining GRI’s independence.

The to-do list for corporate audit committees keeps expanding, with members taking on new responsibilities in overseeing cybersecurity, ethics and risk management, according to a new poll.