Audit

Beyond the right technology, mindset is vital, particularly among the partner group and other leadership.

The confidence of U.S. investors in the U.S. capital markets reached a record high this year, according to an annual survey by the Center for Audit Quality, with high confidence expressed in auditors and audited financial statements.

The Securities and Exchange Commission gave its approval Monday to the Public Company Accounting Oversight Board’s new standard for an enhanced audit report.

Grant Thornton CEO Mike McGuire is moving his firm to become a more streamlined organization better able to respond to technological change than the Big Four, similar to the way Tesla has challenged the Big Three automakers.

The Big Four firm plans to begin offering auditing technology next week to smaller accounting firms through a new venture.

Companies and their auditors are getting ready for the Public Company Accounting Oversight Board’s new audit reporting model, despite uncertainty over whether the Securities and Exchange Commission will approve the new standard.

The Public Company Accounting Oversight Board will be looking out for some major risk areas at audit firms in the months ahead.

Two alerts spotlight some potential risks facing firms during the 2017 audit cycle.

The Internal Revenue Service could be auditing more tax returns where it sees big discrepancies in the payments reported on the Form 1099-K and the income reported on tax returns, according to a new report.

KPMG LLP’s South African unit appointed nine new executives in an attempt to restore trust in the auditing firm as clients continued to distance themselves over its involvement with the politically connected Gupta family.

The Anti-Fraud Collaboration between the Center for Audit Quality, Financial Executives International, the Institute of Internal Auditors and the National Association of Corporate Directors has released the fourth in a series of case studies highlighting ways to deter financial fraud.

South Africa’s auditing regulator said KPMG LLP’s local unit hasn’t fully cooperated with the body’s investigations into work done for the Gupta family, who are alleged to have used political connections to win state contracts.

The Internal Revenue Service needs to fix problems with its examination of estate and gift tax returns, according to a new report.

The collection includes and audit, performance and accounting standards checklist software.

Donald Trump soon will get to choose a new leader for the IRS, a person who may have two high-profile and sensitive jobs: helping implement the president’s proposed tax cuts and overseeing an audit of his tax returns.

Today we’re celebrating #AuditorProud—a day when we reflect across our industry about the important work of public company auditors.

The Center for Audit Quality's social media event will look to introduce more students to audit careers.

Your firm’s tomorrow; quantifying clients; and other highlights from our favorite tax bloggers.

The Public Company Accounting Oversight Board wants to hear more comments about a proposal to strengthen its existing requirements for a lead auditor's use of other auditors and impose a more uniform approach.

A step-by-step guide for when the service wants more money from a taxpayer.