Audit

The Public Company Accounting Oversight Board released a preview Thursday from its staff about its findings from inspections of audit firms last year ahead of the issuance of its 2019 inspection reports.

Chuck Schumer and Ron Wyden have asked internal watchdogs to investigate whether there’s been political interference in audits of the president's returns.

The Institute of Internal Auditors has introduced a new framework for the professional development of internal auditors.

A pair of academic studies casts doubt on the value of mandatory rotation of auditing firms and lead engagement partners.

The document discusses some considerations involving the use of specialists when auditing financial statements during the pandemic.

Field audits down; streamlining taxes for social policies; bad-date boondoggle; and other highlights from our favorite tax bloggers.

The American Institute of CPAs’ Auditing Standards Board issued an attestation standard for when auditors perform examination engagements with clients.

The Public Company Accounting Oversight Board imposed a $250,000 penalty on Marcum LLP and its Marcum Bernstein Pinchuk unit over audits of Chinese companies.

The Anti-Fraud Collaboration has released a report on the importance of skepticism by auditors and finance professionals.

A new report from the Center for Audit Quality highlights a growing opportunity for audit firms.