Audit

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.

A survey from the CAQ asked auditors about the trends they're seeing at public companies.

Democrats on the tax-writing House and Ways Means Committee are asking the Justice Department and the Treasury Inspector General for Tax Administration to investigate.

A recent study found that when municipal governments are assigned a random auditor, versus one they appoint themselves, financial performance improves.

The Institute of Internal Auditors wants to make sure members are regularly enhancing their skills and keeping up to date.

Officials from the two boards discussed their work on upcoming auditing and accounting standards as they adjust to changing agendas and expectations.

Average audit fees rose a slight 2.5% from $2,600,677 in 2020 to $2,666,659 in 2021, reflecting increased demands on auditors.

Private equity firms have been doing more investment deals in the accounting profession lately, causing some firms to restructure their practices, and they've needed advice from law firms on how to set up their attest practices in a way that doesn't run afoul of regulators.

Dozens of Public Company Accounting Oversight Board inspectors are set to leave Hong Kong as soon as this weekend.

Many companies have benefited from federal government relief programs and will be subjected to single audits for the first time.

A recent study says that when auditors are given tools that they believe are more sophisticated, they are more likely to bias their evaluations towards what their supervisor wants.

The International Auditing and Assurance Standards Board is looking for feedback on updating one of its fundamental standards.