Audit

U.S. investigators are demanding a former executive's communications with the U.K. auditor and others involved in financial reporting before the startup's bankruptcy.

The Institute of Internal Auditors has set up a Global Audit Committee Center in Washington, D.C., to provide a global hub for strengthening audit committees.

The adoption of artificial intelligence technology in audit functions is on the rise, increasing from 8% to 21% in only one year, according to a new report.

This marks the Big Four firm's fourth layoff in three years.

The Public Company Accounting Oversight Board found that 29% of companies with major restatements reported an auditor change in the year preceding the restatement.

The Public Company Accounting Oversight Board sanctioned Daniel Carpio Diaz, a former EY Peru audit partner, for violating multiple rules and standards.

Employee benefit planners need to be thinking about the OBBBA and other Trump administration initiatives.

The Public Company Accounting Oversight Board released staff guidance to help auditors implement Paragraph .10A of AS 1105, "Audit Evidence."

Over 90% of SPACs were audited by firms outside of the six largest firms, according to the PCAOB.

CAT expenses are forecasted to drop an additional $20 million given the SEC's order and other cost-saving measures.

The Public Company Accounting Oversight Board co-hosted a two-day conference highlighting the work of academic researchers.

The penalties include a $100,000 fine, and training requirements on communication between predecessor and successor audits.

Audit teams rarely know when client data will arrive, how complete it will be and in what form it will show up.

Regulatory uncertainty and the rapid evolution of the field leave firms with questions about ESG advisory and assurance services

The skillsets and toolsets your firm will need to succeed in the ESG area may surprise you.

More than 1,000 (69%) of the 1,458 exchange-listed EGCs are audited by larger firms, the PCAOB found.

CFOs are likely to use internal audit to address key risks in their areas of responsibility, potentially excluding other areas of risk.

The internal audit profession has been grappling with a greater array of responsibilities beyond checking up on corporate finances, including vetting companies' cybersecurity and use of artificial intelligence.

Plus, AuditDashboard announces 8.0 release with Microsoft 365 and Copilot integration; Audit Sight releases new analytics module for insights; and other accounting tech updates.

Issuers must meet regulatory requirements, including SEC filings and compliance with auditing standards set by the PCAOB.