Audit preparation

Jan Du Plessis took over Britain's Financial Reporting Council last year following a series of scandals that left investors nursing heavy losses.

The Institute of Internal Auditors recommended all cryptocurrency exchanges operating in the U.S. should possess an independent internal audit function.

Board chair Erica Williams warned accountants that inspectors have been uncovering more deficiencies.

Too much criticism can derail an auditor's career, according to a new study.

The changes aim to increase transparency and provide more information to investors and other stakeholders. 

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.

The board issued a staff report warning of high rates of deficiencies at special purpose acquisition companies.

Inspectors with the board listed their top priorities for inspections this year in a new staff report.

At the time of the audit failures, Luceco was the parent of a group of companies producing lighting products and wiring accessories.

Singapore-based RT LLP was sanctioned for quality control failures, documentation issues, and for failing to file Form AP.

Overall new client additions — and departures — continue to rise, thanks to M&A.

The Big Four firm gave a clean audit opinion to Silicon Valley Bank's parent company and Signature Bank only weeks before they failed.

Internal audit leaders cited technology as the main driver of risk to their organizations, especially when it comes to cybersecurity, according to a new survey by the Institute of Internal Auditors.

The Top 25 Firm's major merger with Friedman once again brought it a host of new engagements.

Silvergate's auditor, Crowe, has received multiple letters from short sellers making allegations about Silvergate's handling of customer funds.

Markus Braun insisted he acted properly when he told markets two months before the company's spectacular demise that a KPMG probe found no wrongdoing — even though the auditor didn't have access to the documents it needed.

The Indian billionaire seeks to rebuild investor confidence in the wake of a bruising short-seller attack accusing his companies of accounting fraud.

The pitfalls of auditing from a distance require auditors to find other ways to get close to their clients.

Binance, the world's largest digital-asset exchange, is hearing calls for more transparency following the collapse of rival FTX.

The institute has released a guide to help auditors deal with a new standard on assessing the risks of a material misstatement.