Audit standards

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.

The American Institute of CPAs’ Auditing Standards Board has decided to defer the effective dates of seven of its recently issued Statements on Auditing Standards because of the novel coronavirus pandemic.

The International Auditing and Assurance Standards Board released its 2020-2023 strategy and 2020-2021 work plan, while acknowledging that the COVID-19 pandemic could throw those plans out of whack.

A better audit isn’t measured by the number of forms completed.

Existing general auditing standards can and should be complied with, despite difficulties.

Officials and employees are working from home and doing inspections of U.S. audit firms remotely to protect them from infection.

The American Institute of CPAs updated its auditor reporting standards to conform them with recently issued auditing standards.

The White House’s latest budget blueprint proposes consolidating the functions and responsibilities of the Public Company Accounting Oversight Board into the Securities and Exchange Commission starting in 2022.

The Accounting and Review Services Committee has issued a new standard as part of an effort to align its standards with both international standards and generally accepted auditing standards.

Financial revisions and restatements are indicators of audit quality, but they are far from the only ones.

The International Ethics Standards Board for Accountants released an exposure draft Thursday proposing changes to the International Code of Ethics for Professional Accountants to provide additional guidance to audit engagement quality reviewers about their professional objectivity.