Audit preparation

A new survey by the Center for Audit Quality shows some signs of slippage in public attitudes toward audits and investing.

They were the lead engagement partner on only 15 percent of S&P 500 audits, according to a CFA Institute report.

Technology is critical to the changes in this core service -- but so are people.

For KPMG, another week, another rebuke from U.K. accounting regulators.

The developer of cloud-based auditing software has finished a second round led by Battery Ventures.

The AICPA's Chuck Landes looks both back and ahead to track where this core service has been -- and where it's going.

The Big Four firm netted almost three times as many new engagements as any other auditor.

The accountancy profession, and the role of audit, have responded to an increasing pace of change in our society, economy and capital markets.

The International Federation of Accountants has released an updated reference.

The U.K. accounting watchdog is ramping up misconduct fines after being called useless and toothless by lawmakers irate at the failure of the accounting industry to prevent several high-profile corporate collapses.

Based on a flawed 1998 study, the war on spreadsheets continues unabated.

It’s said auditors get off lightly when companies fail. Tell that to the PricewaterhouseCoopers partner who signed off on the accounts of failed British retailer BHS. He has just received a 325,000-pound ($434,000) fine and a record 15-year ban from audit work.

The Public Company Accounting Oversight Board censured Deloitte & Touche LLP and imposed a $500,000 penalty against the Big Four firm for overlooking material accounting errors during three consecutive audits of Jack Henry & Associates, Inc., a Missouri-based IT provider for banks and credit unions.

KPMG LLP is conducting an internal review into its audits of embattled Middle East buyout firm Abraaj Group following the alleged misuse of money, according to people with knowledge of the matter.

Even as their job gets easier, the largest auditors impose greater charges the longer they’re auditing a company, according to a new academic study.

The AICPA chief challenged the profession to embrace changes in auditing, technology and more.

Helen Munter, director of registration and inspections at the Public Company Accounting Oversight Board, plans to leave the PCAOB at the end of May.

Carillion Plc deceived lenders and investors about its debt levels and was enabled by “complacent” auditors who failed to challenge its “aggressive” accounting, according to a U.K. Parliament report.

The audit automation software provider has introduced a free tool for Microsoft Office users.

A merger in Salt Lake City puts two local auditors ahead of the pack.