Audit

The year-long review recommends a number of sweeping changes to the profession.

CCH Axcess Knowledge Coach still allows for auditor professional judgement in the audit process.

These five attributes are key for successfully leading auditing forward.

Technology is ready to disrupt this core service of the profession, and that's going to require a serious response from auditors, according to Alan Anderson of Accountability Plus.

CPAs are in a great position to benefit from a heightened need for certainty in the future, says the AICPA’s Barry Melancon.

The IRS is concerned that taxpayers are not properly recognizing the gain or loss on partial dispositions of building components.

The quality of corporate governance was graded at C+ at best by a group of chief audit executives, according to a new report from the Institute of Internal Auditors and the Neel Corporate Governance Center at the University of Tennessee in Knoxville.

The notice delays a requirement for reporting partners’ share of partnership capital.

The Public Company Accounting Oversight Board is planning to issue a concept release on revisions in quality control standards while making extensive changes in its inspections and audit reports.

The Center for Audit Quality believes auditors should go beyond financial statements and vet other forms of corporate reporting that typically aren’t audited.

Auditing costs are going up for companies, in part due to new accounting standards for revenue recognition and leases, according to a new survey.

Chairman William Duhnke said the board is also doing more outreach to audit committees.

The Big Four firm is winning back customers and no longer bleeding staff as it rebuilds an image tarnished by a series of scandals.

Deloitte is making use of robotic process automation to help its auditors and clients with their financial statements.

Technology, declining budgets and other factors are radically changing how and which tax returns get looked at.

The American Institute of CPAs’ Auditing Standards Board proposed a strategic plan that will guide the ASB’s work over the next three years.

The Institute of Internal Auditors intends to overhaul its ​Certification in Risk Management Assurance and Internal Audit Practitioner programs next year to meet evolving demands and stay ahead of various risks.

The Institute of Internal Auditors intends to overhaul its ​Certification in Risk Management Assurance and Internal Audit Practitioner programs to meet evolving demands and stay ahead of various risks.

The changes mainly reflect application of the new lease accounting standard for casinos with wide area progressive slot machines.

Moving to a lower-tax state is more attractive than ever in light of the TCJA's $10,000 cap on state tax deductions.