Audit

A federal judge indicated he would allow House Democrats to proceed with a lawsuit that seeks to obtain the president’s tax returns from the Treasury Department.

Despite new CAMs requirements, disclosures are still needed about how audit committees are interacting with their auditing firms, according to the CAQ and Audit Analytics.

The Internal Revenue Service has a message for companies that owe taxes on overseas profits: Auditors are closely watching.

Audit committees that include a former partner from a Big Four firm that audits their company can still retain their independence and have high-quality audits, according to a new study.

SOX compliance may seem like a dry topic, but this crucial step on the road to going public can be transformational for high-growth companies — if they approach it in the right spirit.

CEO Steve Heathcote plans to expand the association, especially in Asia and Europe.

Despite a series of accounting scandals, the major firms are increasing their dominance.

The board has brought in Holly Greaves, a former CFO at the EPA, as its new CFO, but not publicly announced the move.

CAMs are upon us, and the early results are in!

The Internal Revenue Service isn’t effectively auditing corporations despite a change in how the agency conducts tax examinations that was supposed to make the process more efficient, according to the agency watchdog.

Accountants can play a critical role in making the transition as smooth as possible — and minimize the auditing headaches that come with it.

Directors are too optimistic about their organizations’ ability to cope with major risks, according to a report from the Institute of Internal Auditors.

Technology is not only making auditors more efficient, says Jeff Gramlich of Validis -- it's offering them the opportunity to significantly enhance quality.

Three organizations share their experiences applying different applications to auditing

Audit is changing. Technology is the primary driver of what has become a movement to change not just the tools but also the entire process and methodology of audit in the accounting profession.

The International Federation of Accountants issued a report indicating strong support for international accounting and auditing standards, particularly in areas where IFAC member organizations are involved in the process from beginning to end.

The Securities and Exchange Commission has named Rebekah Goshorn Jurata, a special assistant to the president for financial policy on the White House’s National Economic Council.

Rising tensions between Washington and Beijing have prompted some White House officials to fixate on a provocative question with big implications for global markets: Why can Chinese companies sell shares in the U.S. when American regulators are barred from inspecting their books?

Remote audits are an alternative that can make the experience easier and more efficient for the audited company as well as the audit team.

Thomson Reuters has released Checkpoint Engage PCR, a new product in its Checkpoint suite of research and guidance products for tax and accounting.