Audit

The Public Company Accounting Oversight Board proposed significant changes in the requirements for firms' QC systems, modernizing standards in place for decades.

For the first time in years, rich Americans who cheat on their taxes face a growing threat from the Internal Revenue Service.

The program is designed to give students audit experience and accelerate them on the path to CPA licensure.

A survey from the CAQ asked auditors about the trends they're seeing at public companies.

Democrats on the tax-writing House and Ways Means Committee are asking the Justice Department and the Treasury Inspector General for Tax Administration to investigate.

A recent study found that when municipal governments are assigned a random auditor, versus one they appoint themselves, financial performance improves.

The Institute of Internal Auditors wants to make sure members are regularly enhancing their skills and keeping up to date.

Officials from the two boards discussed their work on upcoming auditing and accounting standards as they adjust to changing agendas and expectations.

Average audit fees rose a slight 2.5% from $2,600,677 in 2020 to $2,666,659 in 2021, reflecting increased demands on auditors.