Audit standards

The changes to the financial statement audit will be shaped by four factors: technology, methodology, standards and skills.

The International Auditing and Assurance Standards Board has released a revised standard for auditing accounting estimates and several related disclosures.

As technology infiltrates the auditing process, auditors must be sure to maintain and cultivate this core attribute.

Martin Baumann has been appointed as the new chair of the International Auditing and Assurance Standards Board.

Grant Thornton's Mike Santay shares what's new at the Auditing Standards Board, and what's to come.

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

The International Federation of Accountants is outlining some possible ways forward to resolve a disagreement with the Monitoring Group of financial regulators over the standard-setting process for global auditing and accounting education.

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

The Center for Audit Quality has published a guide to the Public Company Accounting Oversight Board’s new audit reporting model and the critical audit matters that auditors will be required to start including in their audit reports next year.

The Government Accountability Office has updated its auditing standards guide.

The Auditing Standards Board is thinking about relaxing some of the requirements for attest engagements.

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.

Wesley Bricker, chief accountant at the Securities and Exchange Commission’s Office of the Chief Accountant, told attendees at the Institute of Management Accountants’ annual conference in Indianapolis on Tuesday about the vital role he sees them playing in financial reporting.

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.

The American Institute of CPAs has issued a new standard to provide guidance for CPAs performing compilations and reviews to address international reporting issues.

Martin Baumann's leaving follows last week's resignation of inspections director Helen Munter.

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

A new study by the International Federation of Accountants has found high rates of adoption of international accounting standards in areas such as auditing and ethics.

The Public Company Accounting Oversight Board began requiring firms last year to disclose the names of engagement partners who participated in audits, but a new academic study questions whether the new requirement will actually benefit investors.

The survey asks for input on the future direction of the auditing overseer.