Audit

The Public Company Accounting Oversight Board approved two new standards, on systems of quality control and the general responsibilities of the auditor.

Two recent cases show how a lack of rigorous oversight and real consequences is impacting the profession.

The Public Company Accounting Oversight Board sanctioned three auditors from Florida's Liggett & Webb.

The company appointed Semple, Marchal & Cooper after the permanent suspension of its former auditor.

The board released a report highlighting special auditing considerations in the commercial real estate market.

Investors waiting for an update of how Donald Trump's media startup is faring will have to wait a bit longer — months by some accounts — before getting a look at financial results.

BF Borgers CPA PC and its founder, Benjamin Borgers, will be permanently suspended from practicing and appearing as accountants before the SEC.

Internal audit hiring manager are looking for recent college grads who have learned about accounting and auditing, but also technology like data analytics.

The Securities and Exchange Commission hit the fast-rising auditing firm with $14 million in fines, and charged it with deliberate, systemic failures to comply with PCAOB standards.

The Consolidated Audit Trail is a database that is set to revolutionize how the agency monitors trading activity and spots potential misconduct.

A staff report from the Public Company Accounting Oversight Board recommends digging into the factors underlying firm deficiencies.

The PCAOB Investor Advisory Group is accepting public nominations for the most decision-useful CAMs or KAMs of 2023.

A recent survey from EY found that 90% of respondents already use at least some AI in their work, and other recent developments around the technology.

The Los Angeles-based boutique investment bank's audit by Marcum cited multiple material weaknesses in the company's reporting, and some of the previously reported data was revised.

Plus, Earmark launches a web app; and other accounting technology news.

Deloitte auditors have been turning their attention to climate risks affecting clients who need to deal with a growing array of regulations and laws.

Seventeen percent of comment forms in 2021 and 2022 contained auditor evaluation deficiencies, according to the PCAOB.

The AFRC will investigate an anonymous report alleging deficiencies in the firm's quality management and the quality of its audits of the Chinese real estate giant.

The suit in Texas accuses the SEC of acting without authority to create the Consolidated Audit Trail.

The Public Company Accounting Oversight Board plans to host a series of five in-person forums this year, with different members of the board visiting cities including Chicago, Los Angeles, Denver, Miami, and Jersey City.