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Both audits and independent boards are basic standards that any investor would expect a company to have in place, particularly if that firm is of a certain size and working in a financial sector.
May 15 -
Isn't it reasonable to expect that state governments' financial reporting have full accountability and thus, receive clean audit reports? Often, they do not.
May 9Truth in Accounting Project, University of Denver -
The changes aim to increase transparency and provide more information to investors and other stakeholders.
May 2 -
The board proposed revisions to its current going concern standard with the goal of improving transparency and consistent practices.
April 26 -
A new report reminds auditors of the need to critically assess their own firm's capabilities and get a better understanding of the company they're auditing.
April 25 -
IOSCO is encouraging the development of a more global assurance framework for sustainability-related corporate reporting.
March 28 -
The Public Company Accounting Oversight Board voted to update a group of old interim standards it inherited from the AICPA in 2003.
March 28 -
The boards are moving to a new oversight body called the International Foundation for Ethics and Audit.
March 27 -
The board warned investors to exercise caution when it comes to the so-called "proof of reserve" reports that some cryptocurrency companies have been touting.
March 8 -
The Big Four firm was hit with a $6.6 million fine by the U.K.'s audit watchdog over serious failures for its work on Babcock International Group's books in 2017 and 2018.
March 8