Audit

More than 1,000 (69%) of the 1,458 exchange-listed EGCs are audited by larger firms, the PCAOB found.

CFOs are likely to use internal audit to address key risks in their areas of responsibility, potentially excluding other areas of risk.

The internal audit profession has been grappling with a greater array of responsibilities beyond checking up on corporate finances, including vetting companies' cybersecurity and use of artificial intelligence.

Plus, AuditDashboard announces 8.0 release with Microsoft 365 and Copilot integration; Audit Sight releases new analytics module for insights; and other accounting tech updates.

Issuers must meet regulatory requirements, including SEC filings and compliance with auditing standards set by the PCAOB.

The PCAOB staff continues to see deficiencies related to the review procedures required by Attestation Standard No. 2.

Marcum LLP will be succeeded by BDO USA once Marcum has completed the 2024 audit of the Los Angeles-based brokerage.

The International Ethics Standards Board for Accountants posted two new publications from its staff on two of its recent standards.

Leaders of corporate audit committees are confronting new and emerging challenges, according to a new report from Deloitte.

The American Institute of CPAs has updated its practice aid on digital assets with a new chapter on auditing cryptocurrency lending and borrowing transactions.