Audit

Auditing firms can expect enhanced inspections, strengthened enforcement and higher penalties, says Public Company Accounting Oversight Board Chair Erica Williams.

The board announced the launch of its new Technology Innovation Alliance working group, meant to advise the audit overseer on issues with emerging technology.

Audit committees are including more disclosures within proxy statements, but there's a disconnect between what investors expect and what companies are willing to disclose.

Cole was convicted of a single count each of securities fraud and improperly influencing an audit, plus six counts of making false filings with the SEC.

Prager Metis CPAs LLC, an auditor for FTX, was sued by an investor, who also sued Armanino LLP, an auditor for FTX US, FTX's co-founder Sam Bankman-Fried and others.

The agency aims to hire scores of auditors, but there's a nationwide shortage of accountants.

A recent report from the IESBA says that technology has created more opportunities for ethical dilemmas that highlight the importance of standards.

The Public Company Accounting Oversight Board proposed significant changes in the requirements for firms' QC systems, modernizing standards in place for decades.

For the first time in years, rich Americans who cheat on their taxes face a growing threat from the Internal Revenue Service.

The program is designed to give students audit experience and accelerate them on the path to CPA licensure.