Audit

These investment vehicles present obstacles that require a deep understanding of the real estate industry and robust financial expertise.

The American Institute of CPAs' Auditing Standards Board voted to approve a set of revisions to the rules for attestation engagements to align them with the AICPA's quality management standards.

A KPMG survey found 72% of companies are using AI in their financial reporting process to some extent, and executives expect auditors will start examining controls around the technology.

The Public Company Accounting Oversight Board updated its standard-setting, research and rulemaking agendas to reflect recent progress on modernizing the its older standards and rules.

Reliable data is the foundation of effective climate-related disclosures, and audit and tax professionals' experience is essential in supporting this data's integrity.

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.