Audit

The International Auditing and Assurance Standards Board and the International Ethics Standards Board for Accountants launched their sustainability standards.

The small Tampa auditor picked up a big tranche of engagements from another auditor that exited the field.

More states are expected to simplify their sales tax laws and leverage artificial intelligence for doing tax audits, according to a new report from Avalara.

RSM formed an advisory body composed of three independent board members responsible for evaluating quality control and quality management within the firm's assurance practice.

Gambling operators have attracted increasing regulatory scrutiny in the U.K. in recent years, leading to significant fines.

The International Ethics Sustainability Board for Accountants said its Global Ethics Sustainability Standards have been certified by the PIOB and IOSCO.

Plus, Corecentric enhances its International Tax Management Engine; and other accounting tech news and updates.

The Public Company Accounting Oversight Board released a staff publication highlighting problems it's seeing with audits of journal entries.

The Institute of Internal Auditors announced that its Global Internal Audit Standards officially became effective on Jan. 9.

The Public Company Accounting Oversight Board revoked SS Accounting and Auditing's registration and barred its owner and sole partner for violating rules and quality control standards.

The latest data on revenue growth for CAS practices, statistics from IRS Criminal Investigation for the full year of 2024, and other major metrics.

The Public Company Accounting Oversight Board found specific deficiencies in the testing of internal controls and accounting estimates, and in engagement quality reviews.

Hindering the audit marketplace creates risk for the investing public, says the AICPA's Sue Coffey.

Delivering an invoice for any service, including a tax audit, is a marketing activity, and it cannot be assumed that the client understands the value.

Auditing firms are asking the SEC to reject the Public Company Accounting Oversight Board's recent standards on firm and engagement metrics and firm reporting.

The traditionally static field of auditing is on the edge of an industry-changing transformation, thanks to artificial intelligence.

The PCAOB will be able to address situations in which a registered firm has ceased to exist, is nonoperational, or no longer wishes to remain registered.

While artificial intelligence has intrigued humans for centuries, it was not until the past few years that it has undergone explosive growth in every field.

Companies that work with auditors who have more industry experience but charge more than competitors offering "lowball" fees tend to save more money in the end.