Audit

When she asked whether a line of credit would show up in FTX's audit, he said, "Don't worry, the auditors aren't going to look at that."

Whether a qualified, disclaimer or adverse opinion is given depends on the nature and scale of the problem, and some states had lots of problems.

A majority of chief audit executives and information technology audit leaders consider cybersecurity to be a top risk over the next year, but they're less concerned about artificial intelligence.

The team kicked off an unusual multiyear partnership Tuesday with the Accounting+ initiative to draft a new generation of diverse students to join the profession.

The commission charged the Top 100 Firm with violating auditor independence rules on many occasions.

The standard reflects the many changes in technology, communications and business practices since an interim standard was first adopted decades ago.

Cybersecurity and human capital rank as the top risks among internal auditors around the world, according to a new survey.

The document aims to help auditors and accountants set up a quality management system at their firms ahead of a 2025 deadline.

The commission appointed a CPA who has served as director of the board's Division of Registration and Inspections.

The Public Company Accounting Oversight Board sanctioned a Deloitte member firm in South America for violating quality control standards.

From more agents to the deployment of AI, the service is directing resources where the money is.

The board levied a $2 million penalty against the Chicago-based Top 10 Firm for violating its auditing rules and standards, and sanctioned two of its audit partners.

Less than a month is a small window for an auditor to complete their work.

Plus, Docyt unveils Docyt AI for real time accounting, and other accounting technology news.

The service is establishing a group within its Large Business and International division to bolster tax compliance at large partnerships and S corps.

More companies across the globe are doing sustainability reporting and receiving assurance services, including in countries outside the G20, according to a new report.

The board issued a proposal to amend its rule for an individual auditor's or firm's contributory liability for knowingly or recklessly contributing to violations.

The service said Monday it plans to lower its audit rate of low-income taxpayers, even as some criticize its ability to protect taxpayer information.

Price Waterhouse was the auditors for the Academy of Motion Picture Arts and Sciences, and this is an early example of cross-selling to add outside-the-box services to an engagement.

The new positions, which will be in more than 250 locations, will help ramp up compliance efforts against high-income earners, partnerships, large corporations, and promoters.