Audit

The board’s 2020 Annual Report reveals an ongoing drop in registrees, as well as how it responded to COVID-19.

The Public Company Accounting Oversight Board has proposed a rule for implementing a recent law that penalizes foreign companies whose auditing firms can’t be inspected by the PCAOB.

The Internal Revenue Service has picked TaxBit, a Salt Lake City-based company, as a subcontractor to help it do data analysis and tax calculations for audits of taxpayers with cryptocurrency.

The Big Four firm was exploring what smart glasses could do before COVID-19. When the pandemic hit, they put their foot on the gas.

Lawmakers are considering giving the IRS additional funding and authority to expand its tax enforcement operation.

The market in new audit engagements is picking up after dropping in the second half of last year.

Recent research from University of Kansas business professor Amanda Winn suggests that partner rotation and PCAOB inspections may have some unintended effects.  

The new SEC chair should prevent high-earning audit partners from being beholden to the managers of the clients whose accounts they scrutinize.

The president's plan for increased tax audits of the wealthy and corporations is a major funding source for his economic-investment proposals.

The Center for Audit Quality released an alert Monday discussing the audit considerations surrounding a private company entering the public markets through a merger with a special purpose acquisition company.