Firms with A&A practices should pay particular attention to the new standard on engagement quality reviews (EQRs) as they implement the new suite of quality management (QM) standards that are ...

Even a global pandemic with dire health outcomes and difficult economic consequences hasn’t stopped the audit profession from providing clients and the public with the best quality and services.

The Public Company Accounting Oversight Board released a YouTube video Monday discussing how to comment on its recent concept release on potentially revising quality control standards for audit firms.

A semi-annual or annual internal audit allows you to gauge the effectiveness of your business's internal control system. Unlike an external audit, which focuses on determining whether financial ...

Business bankruptcy filings between June 2009 and June 2010 showed an increase of 10 percent to 59,024, according to an October 2010 Dun and Bradstreet business report. The report's recommendations ...

AUDIT FIRMS must provide more resource and interrogate their audit processes as closely as the organisations they examine if standards are to improve and be maintained. That’s the message from the FRC ...

A new staff report issued by the Public Company Accounting Oversight Board (PCAOB) seeks to provide best practices for auditors amid observations of rising deficiency rates related to engagement ...

The Public Company Accounting Oversight Board is planning to issue a concept release on revisions in quality control standards while making extensive changes in its inspections and audit reports. A ...

A six-week Federal Aviation Administration audit of Boeing and subcontractor Spirit AeroSystems “found multiple instances where the companies allegedly failed to comply with manufacturing quality ...

Thirty-two African health professionals from 19 countries are now qualified to serve as quality auditors for diagnostic radiology services after completing the first IAEA Quality Assurance Audit for ...