Audit

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.

Treasury’s inspector general is investigating how the department handled a request from Congress to turn over President Donald Trump’s tax returns, which was rejected by Treasury Secretary Steven Mnuchin.

The accounting watchdog's probe comes in the aftermath of the collapse of the 178-year-old tour group.

The Hong Kong Institute of Certified Public Accountants signed a Statement of Protocol on oversight arrangements with the Financial Reporting Council, a regulatory body for audit firms in the United Kingdom

Accounting firms that provide both audit and non-audit services offer positive benefits in the market, according to a new study from a trio of international accounting organizations.

The SEC's former chief accountant is back at PwC and has some thoughts for #AuditorProud Day.

On #AuditorProud Day, Wolters Kluwer’s Cathy Rowe looks at the next five years in auditing.

Grant Thornton reported Monday that its U.S. firm achieved a record level of revenue in fiscal year 2019, surpassing $1.9 billion, a year-over-year increase of 5.4 percent.

The legislation would create a whistleblower program similar to the one at the SEC, offering protection to accountants and auditors, and others who know of accounting fraud.

PricewaterhouseCoopers agreed to settle SEC charges for engaging in improper professional conduct with 15 audit clients.

Senator Elizabeth Warren’s campaign promise to fund social programs by making America’s wealthiest pay a small percentage of their fortune every year could create a costly and difficult compliance system for both the taxpayers and the IRS.

A rule requiring audit firms to disclose the names of engagement partners who participated in an audit may not be having much of an impact on audit quality.

The initial batch of audit reports for large accelerated filers describing critical audit matters don’t necessarily provide a whole lot of illuminating information.

BDO USA LLP reported a record level of revenue in the fiscal year ending June 30, 2019, as the firm re-elected Wayne Berson to his third term as CEO.