Audit

The board has issued a supplemental call on its proposals surrounding lead auditors’ responsibilities.

The U.K.’s accounting watchdog has imposed sanctions against Grant Thornton Ltd., and a partner at the business, for its role in the alleged accounting fraud at the Patisserie Valerie bakery chain.

A new deal would up the thresholds of what triggers reporting to the IRS, according to a key House Democrat.

The framework will govern how the board determines if it can’t inspect or investigate a foreign accounting firm.

The committee has teamed up with Deloitte on a new guide to help organizations combine their risk management efforts with their artificial intelligence initiatives.

Most organizations do not fully understand the risks presented by their third-party relationships, let alone request or assess audit results from every third party under contract.

PricewaterhouseCoopers is stressing the concept of trust in its recently restructured firm and in a new survey that examines where business leaders, customers and employees differ on trust.

The American Institute of CPAs has released a set of questions and answers to help auditors of benefit plan financial statements deal with this complex field and a revised standard.

The resources are geared toward moving auditors away from traditional data sampling to real-time analysis.

Internal auditors are seeing far-reaching effects from the COVID-19 pandemic on the way they do their work, according to a new survey.