Audit

PricewaterhouseCoopers is seeing better results on its inspections by the Public Company Accounting Oversight Board.

The International Auditing and Assurance Standards Board is asking for feedback on a new section of a proposed auditing standard that would cover group audits of less complex entities.

The venture capital firm will work with Ernst & Young on some of these audits and will increase budget allocations to help investee companies put governance guardrails in place.

A civil liberties group is taking the board to court for penalizing an unidentified auditor.

Plus, one step closer to Skynet, other news and updates from the accounting technology arena.

The Internal Revenue Service has been steadily ramping up its enforcement of partnership tax compliance.

Evergrande's board recommended the resignation of PwC after the two firms couldn't "agree on the timetable and the scope of work in respect of the assessment on the group's going concern basis."

A handful of revolutionary ideas — some new, some old — whose time may well have come in accounting.

The Big Four firm separately released reports on audit committee priorities, human capital and M&A trends.

The House voted to repeal billions of dollars of Internal Revenue Service funding that Democrats approved last year, an issue that is likely to crop up repeatedly this year.