Audit

Audit partners in the U.S. see the top economic risks to businesses as inflation, labor shortages, and supply shortages and supply chain disruptions, according to a new survey by the CAQ.

Engaging the services and specialized expertise of external professionals can make a difference in the crucial early phase of an M&A deal, for both sides.

With 2022 getting off to a slightly slower start, J&S Associate netted five new engagements.

The Public Company Accounting Oversight Board released an overview Thursday of its inspection priorities and areas of focus as the newly revamped board signals a tougher enforcement stance.

There’s a simple technical fix for the exam cheating that landed Ernst & Young with a $100 million fine from the SEC, but the problems go deeper.

EY’s potential IPO of its consulting activities could trigger stock windfalls of as much as $8 million each for the consulting partners, compared to $2 million on average for audit partners.

Ernst & Young takes the top spot in the league tables of auditing public companies in 2021.

The penalty for cheating on CPA ethics exams and misleading investigators was the largest ever levied by the commission against an accounting firm.

The Big Four firm admitted that dozens of its audit personnel cheated on the ethics portion of the exam, and that it misled regulators probing the misconduct.

ESG offers accountants an opportunity to improve the future, says the dean of USC’s Leventhal School of Accounting.