Audit preparation

Today, you’ll find blockchain solutions from numerous enterprises emerging in the world of financial services, supply chain management, and even healthcare.

The Center for Audit Quality and the Auditing Section of the American Accounting Association have picked three more entries as part of their Access to Audit Personnel Program.

Two generations share thoughts on the future of remote audits.

An appeals panel sided with an auditor who wasn't allowed extra help at his deposition.

The American Institute of CPAs’ Auditing Standards Board has issued an auditing interpretation to help accountants comply with standards from both the AICPA and the Public Company Accounting Oversight Board.

Recent changes to international standards for audit reports have improved the quality of information that’s available to investors, and had a positive impact on wider elements of financial reporting, including governance and corporate reporting, according to a new report from the Association of Chartered Certified Accountants.

The International Forum of Independent Audit Regulators reported on issues with how firms are scrutinizing accounting estimates, testing internal controls, checking revenue recognition and more.

Auditors can upload scanned documents directly into client engagements.

When auditors push non-attest services, their clients’ financials tend to contain more errors, according to new research.

The Big Four firm had the larger number of new clients for the year, but the Seattle firm netted the most.

The U.S. regulator overseeing auditors was rocked by criminal charges as federal prosecutors accused three former employees of leaking inside information to KPMG LLP so it could improve its audit results.

The Securities and Exchange Commission charged six CPAs Monday who were former senior officials at KPMG and ex-staffers at the Public Company Accounting Oversight Board with participating in a scheme to misappropriate and misuse information on the PCAOB’s planned inspection of the Big Four firm.

Increases in audit fees for public companies and nonprofits slowed down in 2016, according to a new report, although private companies saw an uptick in their fee increases during the 2016 audit season.

The board’s staff are offering additional information on determining auditor tenure.

The Public Company Accounting Oversight Board said Wednesday it has imposed a $1.5 million civil penalty against Grant Thornton LLP and censure the firm for violations of quality control standards and for audit failures.

The American Institute of CPAs has released a new guide to data analytics to familiarize CPAs with the technology.

The cloud-based OnPoint software will help firms with preparation, compilation and review engagements.

The American Institute of CPAs’ Auditing Standards Board has released three exposure drafts proposing ways to improve the usefulness of the auditor’s report, in response to recent standards from the Public Company Accounting Oversight Board and the International Auditing and Assurance Standards Board.

In Q3 2017, the Big Four firm is in the lead for the second quarter in a row.

Auditors face a special dilemma when it comes to determining if a client can continue, says Stephen Franciosa.