Audit

The Public Company Accounting Oversight Board has posted a preview of its inspection staff’s observations from 2018, describing some of the main deficiencies it uncovered for auditing firms, along with ways to improve audit quality.

In a slow first quarter, the Big Four firm racked up a commanding position.

The Public Company Accounting Oversight Board may begin asking auditors to look at cybersecurity when assessing risks at the companies they audit.

Congress is considering new changes to the tax service.

The Securities and Exchange Commission and Public Company Accounting Oversight Board finalized 45 enforcement actions involving accountants in 2018, marking a significant decrease from 2017.

The United Kingdom’s Financial Reporting Council also 'severely reprimanded' the firm, as well as two partners.

The Institute of Internal Auditors reported a milestone Monday, with membership numbers now topping 200,000.

Deloitte LLP said it resigned as Ferrexpo Plc’s auditor over delays by the Ukrainian iron-ore producer in investigating its own charitable donations.

Treasury Secretary Steven Mnuchin again refused to release the president's tax returns to House Democrats, arguing that the Democrats’ stated legislative purpose hides their real intent.

AICPA chief auditor Bob Dohrer dives deep into the new requirement for reporting critical audit matters in the auditor's report, including recent guidance.