Audit

The two were subject to a rarely used program of intense scrutiny that is supposed to be randomly selected.

Four key takeaways from the AICPA’s inaugural ESG Symposium.

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.

Three predictions on the evolution of the audit — and three ways you can respond.

The next new thing for strategic growth is here today, and it's all about environmental, social and governance issues.

Two recent studies found that auditors with valuable expertise in a specific class of complex transactions and accounts improve audit quality.

The board adopted a set of amendments to strengthen the rules that apply to audits involving multiple audit firms.

There’s a standoff brewing between European lawmakers and the Big Four as they try to lay claim to an ESG market that may generate fees of as much as $8 billion a year.

The pandemic and new IRS priorities are creating new opportunities for practitioners.

Ernst & Young plans to invest $1 billion in next-generation assurance technology for its audit teams around the world to leverage as part of an overall $2.5 billion four-year commitment.

The Internal Revenue Service issued a revised Audit Technique Guide to help examining agents evaluate the validity of cost segregation studies submitted by taxpayers to substantiate accelerated depreciation deductions.