Audit standards

Investor awareness of critical audit matters is “still developing,” though, according to the PCAOB's interim analysis.

J. Robert Brown criticized recent moves by the Public Company Accounting Oversight Board to strip down its research and standard-setting agendas without proper consultation.

Companies are continuing to increase the level of audit committee disclosures in their proxy statements, according to a new report from the Center for Audit Quality and Audit Analytics.

The Institute of Internal Auditors has introduced a new framework for the professional development of internal auditors.

A pair of academic studies casts doubt on the value of mandatory rotation of auditing firms and lead engagement partners.

The American Institute of CPAs’ Auditing Standards Board issued an attestation standard for when auditors perform examination engagements with clients.

The Public Company Accounting Oversight Board imposed a $250,000 penalty on Marcum LLP and its Marcum Bernstein Pinchuk unit over audits of Chinese companies.

KPMG is already starting to use the new standards to improve audit quality globally.

COVID-19 doesn’t seem to be having an impact on such disclosures, according to a report from Ernst & Young.

It doesn’t need to be an oxymoron.

The Public Company Accounting Oversight Board updated its research and standard-setting agendas.

An inside look at SAS 142, which aims to help bolster this critical tool in the auditor's toolkit.

American Institute of CPAs chief auditor Bob Dohrer and AICPA Auditing Standards Board chair Tracy Harding discussed the AICPA’s progress on some recent audit and attest standards during the Engage 2020 online conference Monday.

No matter how perfect the partnership between an audit firm and client may seem, sometimes the partnership doesn’t work out.

IFAC, the IAASB and IESBA will remain involved in setting standards, but with changes in governance and composition.

The American Institute of CPAs’ Auditing Standards Board has released a new standard for audit evidence for private companies, updating the existing standards in recognition of the increasing role that technology plays in audit procedures.

As companies contend with the economic impact of the global pandemic and the related risks, management should be prepared for heightened auditor scrutiny.

The International Auditing and Assurance Standards Board released guidance for auditors to consider when issuing audit reports amid the COVID-19 pandemic.

The American Institute of CPAs’ Professional Ethics Executive Committee has decided to postpone the effective dates for three of its ethics interpretations in its Code of Professional Conduct for one year, due to the impact of the novel coronavirus pandemic.

The International Auditing and Assurance Standards Board has released an exposure draft of a standard for improving the quality of audits of group financial statements.