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COVID-19 has created the largest health and economic crisis in decades.9h ago
Executive directorCenter for Audit Quality -
KPMG and one of its senior partners have been reprimanded and fined 455,000 pounds ($560,000) for failings in its audit of a U.K. company, the latest sanction against the Big Four auditor in recent years.April 2
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A better audit isn’t measured by the number of forms completed.April 1
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Throughout most of its decades-long history, research credit audits have exposed areas of misunderstanding and, in many circumstances, led to major disagreements with the IRS.March 31
Director of research & development tax credit servicesKBKG
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Existing general auditing standards can and should be complied with, despite difficulties.March 23
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The Public Company Accounting Oversight Board is giving firms a pause until May 11, given the difficulties businesses are facing from COVID-19.March 23
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Officials and employees are working from home and doing inspections of U.S. audit firms remotely to protect them from infection.March 19
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Plans for internal audits often don’t take into account some of the most common risks, such as cybersecurity, governance and sustainability, according to a new report from the Institute of Internal Auditors.March 17
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More than half of compliance officers believe they don’t have enough resources to carry out their function adequately, and nearly a third say their auditing and monitoring process is insufficient, according to a new survey.March 13
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The Securities and Exchange Commission is exempting filers with less than $100 million in revenue from the requirement for an attestation of their ICFR by an outside auditor.March 12
