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KPMG and its partner Adrian Wilcox failed to audit the advertising agency with sufficient professional skepticism, according to the Financial Reporting Council.
March 4 -
A roundup of the flood of sanctions, fines and penalties issued over the past year or so by the PCAOB.
March 4 -
The regulatory environment around accounting is getting stricter, as the IRS, the SEC and the PCAOB crack down.
March 4 -
Despite suggestions to the contrary, audits remain valuable and serve a grander purpose.
March 1JLK Rosenberger -
Microsoft is making its Copilot for Finance generative AI solution available for public testing.
February 29 -
Ernst & Young issued a major mea culpa following a failed split of the firm.
February 28 -
The 83 publicly disclosed accounting and auditing enforcement actions in FY 2023 represented the highest number of actions initiated since FY 2019.
February 28 -
Auditors are including CAMs in more of their opinions but disclosing fewer CAMs per opinion, according to an Ideagen report.
February 27 -
The Public Company Accounting Oversight Board is proposing a new rule to prevent auditing firms from making false or misleading statements about being registered or overseen by the PCAOB.
February 27 -
Auditing is undergoing a seismic shift, largely driven by the relentless march of technology.
February 27Wolters Kluwer Tax & Accounting North America