The Public Accounting Oversight Board issued a concept release last month proposing a significant overhaul to the quality control rules. The proposed changes could have the potential for expanding ...

The International Auditing and Assurance Standards Board has issued a set of three revised standards aimed at improving quality management for auditors across the globe. Processing Content The new ...

Peer reviews improve the quality of services that firms and individuals provide by ensuring auditors comply with professional standards when designing systems of quality control and performing their ...

On September 9, 2024, three of the SEC’s five Commissioners voted to approve the new PCAOB Quality Control Standard QC 1000 A Firm’s System of Quality Control. The new standard will substantially ...

In June 2022, the AICPA’s Auditing Standards Board (ASB) and Accounting and Review Services Committee (ARSC) issued interrelated final standards on quality management intended to clarify and improve ...

When a company decides to go public, the audit firm’s credibility becomes part of the value proposition. That credibility is about to face a new level of scrutiny. The Public Company Accounting ...

Sept 9 (Reuters) - Wall Street's top regulator on Monday gave the nod to new accounting standards set by a watchdog agency, part of an effort to address concerns about the prevalence of poor quality ...

Yesterday, the SEC approved, by a vote of three to two, a new PCAOB quality control standard, QC 1000, A Firm’s System of Quality Control, and related amendments to its standards, rules and forms.

EVERY audit engagement begins with planning but before long, one question almost always arises: “When can we expect the audit ...

HONG KONG, June 17, 2026 /PRNewswire/ -- KPMG today announced the release of its Hong Kong Audit Quality Report 2025, outlining plans to strengthen its System of Quality Management (SOQM) framework to ...